Chinanews.com client Beijing, April 7 (Xie Yiguan) On April 7, after the A-shares opened sharply higher, the three major intraday stock indexes fluctuated higher. The Shanghai index rose more than 2% and returned to 2800 points. The index rose more than 3%. With the release of the policy easing signal, institutions have believed that the short-term A-share market is expected to continue to rebound.
The Shanghai index is trending throughout the day.
A shares soared, and northbound capital reappeared over 10 billion net inflows
As of the close, the Shanghai index rose 2.05% to 2820.76 points; the Shenzhen Component Index rose 3.15% to 10428.91 points; the ChiNext Index rose 3.31% to 1969.78 points. The turnover of the two cities reached 732.1 billion yuan, which was a heavier volume than the previous trading day.
On the disk, 3603 stocks rose in Shanghai and Shenzhen, and 153 stocks rose; 78 stocks fell and 5 stocks fell. The industry sector is in full swing, and the engineering equipment, building materials, agriculture, forestry, animal husbandry and fishery, software services, and IT equipment sectors have seen larger gains.
In terms of the concept sector, the digital currency sector led the gains, and among the 31 related stocks, 16 such as Omar Electric, Meisheng Culture and Hailian Jinhui closed their daily limit. The blockchain concept has also set a daily limit, with 30 related stocks closing the daily limit.
On April 3, the 2020 national telecom conference on gold, silver and security work requires strengthening top-level design and unswervingly advancing the research and development of legal digital currency. On the same day, the People's Bank of China also decided to lower the standard for small and medium-sized banks by 1 percentage point, release long-term funds of about 400 billion yuan, and lower the excess deposit reserve interest rate of financial institutions.
CITIC Securities pointed out that due to the proper control of the epidemic in China, the fundamental trend is upward, the currency exchange rate is stable, and the market capacity is large enough, A shares are significantly more competitive in the process of global capital redistribution.
On April 7, the net inflow of northbound funds was 12.674 billion yuan, and the single-day net inflow was the highest since February 3. Among them, the net inflow of Shanghai Stock Connect was 6.214 billion yuan, and the net inflow of Shenzhen Stock Connect was 6.46 billion yuan.
Information figure: Stockholders in a securities business department are concerned about the market trend. China News Agency reporter Zhang Langshe
Institution: Short-term A-share market is expected to continue to rebound
For the performance of the A-share market outlook, New Times Securities analyst Fan Jituo said that if the subsequent overall monetary policy is smaller and the unconventional and local steady growth policies are more, it means that the epidemic shocks observed at the central bank level have not brought about In the coming economic crisis, the stock market can gradually stabilize through shocks.
CITIC Securities stated that the three major signals that A shares have bottomed out have become clearer, and their value in the global capital reallocation has gradually been recognized. Driven by the three major factors of global capital redeployment and restart, basic domestic rapid replenishment, and the strengthening of industrial capital and foreign capital inflows, A shares are expected to open their second round of increases this year in April.
"Although downward pressure on external demand is inevitable in the next phase, with the firm support of policies, the rebound trend of the domestic demand sector will be more certain, and liquidity will remain ample during this process. The overall valuation of the A-share market is already in history The bottom area. "Anxin Securities pointed out.
Anxin Securities believes that the recent pace of monetary policy is accelerating, overseas markets are gradually out of panic, the probability of crude oil reaching a new round of production cut agreements has increased, and the short-term A-share market is expected to continue to rebound. (Finish)