Sino-Singapore Jingwei Client on March 5th (Thursday). Affected by the collective rise of US stocks overnight, the Shanghai and Shenzhen stock markets opened higher, followed by a strong shock. The GEM index opened sharply and weakened rapidly. In the afternoon, the two cities fluctuated under the stimulus of the brokerage sector. Large consumer white horse stocks made up, while technology stocks continued to adjust.
As of the close of trading, the Shanghai Composite Index was reported at 3071.68 points, an increase of 1.99%, and the transaction volume was 482.77 billion yuan. The Shenzhen Component Index was reported at 11,711.37 points, an increase of 1.9%, and the transaction volume was 689.196 billion yuan. The GEM Index was 2209.59 points, an increase of 1.85%.
Wind screenshot
On the disk, software services led the decline. Agriculture, forestry, animal husbandry, insurance, food and beverage, and diversified financial sectors led the gains. In the concept sector, pork stocks rose over 7%, while UHV, superconducting concepts, and artificial meat concepts led the gains. Medical waste treatment, operating systems, lithography machines, and domestic software fell the most.
The concept of pork has greatly increased due to the increase in performance, and multiple stocks have set off a daily tide. Da Kang Agriculture, Zhenghong Technology, New Wufeng, Zhengbang Technology, and Dabei Nong have been strongly stopped.
As for individual stocks, 3019 stocks rose, of which 150 stocks including Great Wall Animation, Black Sesame, and Kelu Electronics rose more than 5%. 681 stocks fell, of which 20 stocks such as Huachangda, Shengda Biological, Yuhetian fell more than 5%. In terms of turnover rate, a total of 59 stocks have a turnover rate of more than 20%, of which Star has the highest turnover rate of 53.72%.
In terms of capital flow, the top five inflows in the industry sector are brokers, banks, computer applications, communications equipment, and real estate development, while the top five outflows are brokers, computer applications, communications equipment, chemicals, and real estate development. The top five stocks that flowed in were CITIC Securities, Wen's Stock, Oriental Fortune, CITIC Construction Investment, and Star Semiconductor. The top five stocks that flowed out were Star Semiconductor, Wen's Share, Oriental Fortune, Nanjing Securities ,CITIC Securities.
Yang Delong, chief economist of Qianhai Open Source Fund, pointed out that the current A-share market has withstood the impact of the epidemic and the impact of the US stock market's plunge, and the trend is strong. Yesterday (4th), the market did not follow the sharp decline of the US stocks, but appeared a volatile trend, which shows that the bull market characteristics of the A-share market are becoming more and more obvious.
Everbright's Xie Chao team also said that fluctuations in overseas markets only disturb A shares and do not determine A share trends. Investors don't have to be pessimistic, and external disturbances that cause a sharp decline will be buying opportunities.
Shanxi Securities analysis said that the current round of market prices was led by innovation guidelines, but the subsequent rise still requires weight. At present, the index has risen greatly, and investors are advised to pay due attention to low-value blue chip stocks in the short term. Under the fundamental repair logic, it is recommended to focus on the following two directions, which can be used as mid-to-long-term configuration, intervene in dips, and layout in advance: large infrastructures that benefit from counter-cyclical adjustment of power and leading automobile companies; industry reshuffle, market concentration Promote industry leaders in the background. (Zhongxin Jingwei APP)
(The opinions in this article are for reference only and do not constitute investment advice. Investment is risky and you must be cautious when entering the market.)