Sino-Singapore Jingwei Client, March 27th. In the early morning on Friday (27th), the three major A-share indexes opened higher. The Shanghai Index opened 1.02% higher, the Shenzhen Component Index opened 1.43% higher, and the GEM Index opened 1.48% higher. Medical equipment, power batteries, and semiconductor themes rose ahead.
Source: Wind
On the disk, bio-products, electronics manufacturing, white goods, agricultural comprehensive, components and other sectors led the gains; plantation, gold and other sectors led the decline. In terms of concept stocks, pesticides and veterinary drugs, spin-off expectations, smart speakers, and wireless headsets led the gains.
As for individual stocks, 3429 stocks rose, of which 25 stocks, such as Realt, Senba Sensors, and Hejia, rose more than 5%. 243 stocks fell, of which 12 stocks such as Ling Pharmaceutical, GCL Integration, Dongfang Jinyu fell more than 5%.
Data from the China Foreign Exchange Trading Center showed that the central parity of the yuan against the US dollar rose by 265 basis points to 7.0427.
As of the previous trading day, the Shanghai Stock Exchange's financing balance was reported at 567.775 billion yuan, an increase of 11.466 billion yuan from the previous trading day, and the margin trading margin was reported at 12.316 billion yuan, an increase of 1.33 billion yuan from the previous trading day. The Shenzhen Stock Exchange financing balance was reported at 491.275 billion yuan Compared with the previous trading day, it increased by 51.154 billion yuan, and the balance of margin trading was reported at 5.169 billion yuan, an increase of 2.342 billion yuan from the previous trading day. The balance of margin financing and securities lending of the two cities totaled 1,076.986 billion yuan, an increase of 66.291 billion yuan over the previous trading day.
Looking at the north-south capital flow of the Shanghai-Shenzhen-Hong Kong Stock Connect, as of press time, the net inflow of northbound funds was 279 million yuan, of which the net inflow of Shanghai Stock Connect was 141 million yuan, the balance of funds on the day was 51.895 billion yuan, and the net inflow of Shenzhen Stock Connect was 138 million yuan. The balance was 51.862 billion yuan; the net inflow of southbound funds was 2.758 billion yuan, of which the net inflow of Shanghai-Hong Kong Stock Connect was 2.666 billion yuan, the balance of funds on the day was 39.334 billion yuan, the net inflow of Shenzhen-Hong Kong Stock Connect was 92 million yuan, and the balance of funds on the day was 41.908 billion yuan.
In addition, in the early morning of the 27th, Asia-Pacific stock markets opened higher, the Nikkei 225 index opened 1.9% higher, the South Korea Composite Index opened 4% higher, the FTSE Singapore STI index opened 2% higher, and the Japanese and South Korean stock markets rose rapidly in the short term. Falling down; Hong Kong's Hang Seng Index opened nearly 1.8% higher, and the State-owned Enterprise Index opened nearly 2% higher. Pharmaceutical stocks and domestic property stocks rose the most.
Overnight U.S. stocks soared again. On Thursday, Eastern time, the three major U.S. stock indexes opened higher and all the way up, and they were all violently pulled up at the end. As of the close, the Dow and the S & P 500 both rose more than 6%, the Dow rose more than 1,300 points, and the Nasdaq rose 5.6%.
On the news, on the 25th local time, the US Senate voted to pass a US $ 2 trillion fiscal stimulus plan designed to alleviate the economic impact of the new coronary pneumonia epidemic. According to Xinhua News Agency, 2 trillion US dollars is equivalent to about 10% of the current size of the US economy, accounting for more than half of the US fiscal year 2021 budget. This figure has also far exceeded the US $ 700 billion stimulus plan passed by the US Congress during the 2008 financial crisis.
On the 26th local time, Fed Chairman Powell pointed out in an interview with the media that the Fed's measures are committed to supporting credit. The top priority is to control the epidemic. When the economy can restart depends on the development of the epidemic. It is expected that the economy will recover in the second half of this year. At present, the economy is likely to decline, the Fed has not run out of "ammunition", and there is still room for policy. Mortgages and car loans are areas that the Fed may involve.
On the other hand, according to CCTV news reports, on the afternoon of the 26th local time in Saudi Arabia, the leaders of the Group of Twenty officially responded to the special summit on New Crown Pneumonia. The G20 will launch a US $ 5 trillion economic plan to deal with the negative impact of the epidemic on global society, the economy and finance, and support central banks to take measures to promote financial stability and enhance global market liquidity.
Regarding the market outlook, Everbright Securities believes that after the US Federal Reserve has vigorously rescued the market to ease the liquidity crisis of the US dollar, A shares will gradually transition to a stage dominated by the domestic policy economic cycle. Although it will inevitably continue to be affected by US stock fluctuations in the short term, this correlation may Will gradually weaken. After the domestic epidemic has basically ended, the recovery of industrial production and consumption may be the focus of attention. Given that the current valuation is relatively reasonable, it is recommended that A-share long-term funds can gradually enter the market, the time for value investment has arrived, and short-term funds can choose to take advantage of low absorption, and continue to wait for the signal on the right.
Haitong Securities pointed out that from a technical point of view, the short-term broad market rebounded, there is still upward momentum, the market's main pressure is above 2,900 points. In terms of operational strategy, investors with heavier positions are recommended to lighten up positions to control positions and maintain a certain level of liquidity. Next, the market is about to face the impact of the disclosure of a quarterly report. It is expected that the food and brokerage sector will be less damaged. From the perspective of domestic demand, the pharmaceutical, medical and new and old infrastructure sectors with rigid demand will continue to pay attention. (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.)