China and Singapore Jingwei Client on March 10th, Tuesday, A shares opened lower collectively, and then led to the next high in the chip, semiconductor, securities and other sectors. During the session, the concept stocks of masks fluctuated widely, and technology stocks recovered.
Source: Wind
As of 11:30, the Shanghai Composite Index was reported at 2961.54 points, an increase of 0.62%, and the transaction volume was 243.864 billion yuan. The Shenzhen Component Index was reported at 11,206.56 points, an increase of 0.88%, and the transaction volume was 376.236 billion yuan. The GEM Index was reported at 2110.45 points, an increase of 0.83%.
Most of the industry sectors fell. Textile and apparel, medical care, chemical fiber, medicine, and oil declined the most. Communications equipment, semiconductors, telecommunications operations, and securities rose sharply.
The securities sector rose 2.72%. Of the individual stocks, only Soochow Securities fell more than 1%. The daily limit of BOC Securities and Hualin Securities. Huachuang Yangan, Nanjing Securities, Great Wall Securities, etc. followed suit.
The concept segment also fell more or less, with mask protection, anti-flu, pest control, and immunotherapy falling more; Wuhan planning, 5G concept, lithography machine, triple play integration, and chip gains.
Wuhan plan rose 3.26% to lead the concept sector. Xianglong Electric Industry, Jinglun Electronics, Guochuang High-tech and other five stocks hit daily limit. Ewushang A and Chutian Expressway rose more than 9%.
On the whole, a total of 1658 stocks in the two cities rose, of which 146 stocks, including Straits shares, Nuoli shares, Recco defense, rose more than 5%. 2007 stocks fell, of which 143 stocks, such as Mida, Guofeng Plastic, and Tojing Life, fell more than 5%.
In terms of turnover rate, a total of 27 stocks had a turnover rate of more than 20%, of which Jianye had the highest turnover rate of 47.47%.
Great Wall Securities believes that the epidemic continues to spread overseas, global risk assets have been sold off by funds, the A-share market has also been affected, and the short-term increase in the sector is also facing emotional selling pressure. In the long run, it will continue to be optimistic that the long-term positive trend of China's capital market will remain unchanged.
According to the analysis of Zhongyuan Securities, the current uncertainties affecting the A-share market mainly come from the outer disk. It is expected that the Shanghai Stock Index will continue to explore in the short-term to find support, and the GEM market is likely to continue to fall in the short-term. Investors are advised to continue to pay close attention to changes in policy, capital, and external disks.
The New Times Securities Research Report stated that the A-share market has entered a turbulence, and the downward rate will not be very large, but it may take longer. Considering that the A-share funds have a long-term positive outlook, the valuation is reasonable, and the short-term turbulence period is one month. For a quarter of a year, the direction is still upward after the shock, and the bull market pattern has not changed. (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.)