China and Singapore Jingwei Client on March 11th. In early trading on Wednesday, the three major A-share indexes opened higher and then maintained a volatile trend. The Shanghai Index performed relatively strongly. During the session, 5G, Hainan, and agriculture sectors took turns to increase, and the number of individual stocks remained high.

Source: Wind

As of 11:30, the Shanghai Composite Index was reported at 3006.50 points, an increase of 0.32%, and the trading volume was 233.485 billion yuan. The Shenzhen Component Index was reported at 11,382.91 points, a decrease of 0.18%, and the transaction volume was 371.876 billion yuan. The GEM Index was 2137.85 points, a decrease of 0.51%.

Most of the industry sectors were popular, with transportation services, aviation, agriculture, forestry, animal husbandry and fishery, and telecommunications operations leading the gains; securities, insurance, semiconductors, construction, and chemical fiber fell the most.

Transportation services rose by 3.87%. Among them, five stocks including Haiqi Group, Straits Cosco, and COSCO Haineng rose to a daily limit. HNA Holdings rose more than 7%. COSCO Haikong and Air China all rose.

The concept sector also saw more gains and fewer losses. Hainan Free Trade, horse racing concept, seed industry, and wind and sand management led the gains; GDR, lithography machines, wireless headsets, and smart TVs led the decline.

Hainan's free trade rose more than 5% to lead the concept sector, and 14 stocks such as HNA Innovation, Hainan Expressway and Hainan Rubber rose to their daily limit.

On the whole, a total of 2335 stocks in the two cities rose, of which 150 stocks such as Yunda Technology, Boteng, Lingkang Pharmaceutical rose more than 5%. 1305 stocks fell, of which 15 stocks such as Soytech, Pioneer Heima and Northern China Chuang fell by more than 5%.

In terms of turnover rate, a total of 22 stocks have a turnover rate of more than 20%, of which Jianye has the highest turnover rate of 46.8%.

Galaxy Securities believes that due to the plunge of European and American stock markets, the US stock market has a small impact, but the impact is not significant, but when the short-term cumulative decline of more than 9%, the transmission effect on the Chinese stock market is more obvious. Recently, due to the rapid growth of GEM and technology stocks in the short term, the turnover of GEM has reached historical records, but the short-term adjustment pressure on GEM and technology stocks still exists.

Guotai Junan analysis, the Shanghai index will stand 3,000 points in the first half of the year, and move towards 3300 points. In the process, the recent market style will switch to cyclical stocks in the short term, and in the near future, the cycle will still be switched to technology, and the final result will still be the strong and strong. (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.)