China-Singapore Jingwei client, April 20 (Monday, 20th), the three major A-share stock indexes fluctuated upward and closed up for the third consecutive trading day. Telecommunications operations, healthcare and other sectors were active, and digital currency concept stocks rose sharply.
Shanghai Stock Exchange's time-sharing chart. Source: Wind
As of the close, the Shanghai index rose 0.5% to 2852.55 points, with a turnover of 233.8 billion yuan; the Shenzhen Component Index rose 0.89% to 10621.50 points, with a turnover of 383.5 billion yuan; the GEM Index rose 1.12% to 2043.44 points with a turnover of 132.6 billion yuan.
On the disk, the telecom operation sector led the way, with China Satellite Communications' daily limit, the data port surged by nearly 9%, and stocks such as Halo.com Inc. followed suit. Health care, transportation equipment, building materials, medicine, aviation, daily chemicals and other sectors are active.
The non-ferrous sector led the decline, Anning shares approached the daily limit, * ST Zhongfu daily limit, Mengzhou shares fell more than 7%. Hotels and restaurants, banks, oil, electricity and other sectors fell the most.
In terms of concept stocks, the digital currency sector led the gains, Huijin shares, Hanye shares, Feitian Chengxin and other stocks daily limit, the sector stocks almost all the red. Concept stocks such as gene concept, seed industry, RCS concept, artificial meat, etc. were active. Concept stocks such as titanium, oil and gas reforms, and polysilicon were sluggish.
In terms of individual stocks, 2,598 stocks rose, among which 150 stocks such as Modern Pharmaceutical, Kangyuan Pharmaceutical, and Yuhetian rose more than 5%. 1011 stocks fell, among which Sun Paper, Honghui New Materials, Yinghe Technology and other 20 stocks fell more than 5%.
In terms of turnover rate, a total of 30 stocks have a turnover rate of more than 20%, of which Lei Sai has the highest turnover rate of 63.14%.
As of the previous trading day, the balance of Shanghai Stock Exchange financing was 551.148 billion yuan, a decrease of 5.161 billion yuan from the previous trading day. The margin balance was 14.591 billion yuan, an increase of 3.605 billion yuan from the previous trading day. , An increase of 45.984 billion yuan compared to the previous trading day, the margin balance was reported at 5.932 billion yuan, an increase of 3.105 billion yuan over the previous trading day. The balance of margin financing and securities lending in the two cities totaled 1.058227 trillion yuan, an increase of 47.532 billion yuan from the previous trading day.
From the perspective of the north-south capital flow of Shanghai-Shenzhen-Hong Kong Stock Connect, as of press time, the net inflow of northbound funds was 1.799 billion yuan, of which the net inflow of Shanghai Stock Connect was 62 million yuan, the balance of funds on the day was 51.138 billion yuan, and the net inflow of Shenzhen Stock Connect was 1.737 billion yuan. The balance is 50.263 billion yuan; the net inflow of southbound funds is 3.353 billion yuan, of which the net inflow of Shanghai-Hong Kong Stock Connect is 1.895 billion yuan, the balance of funds on the day is 40.105 billion yuan, the net inflow of Shenzhen-Hong Kong Stock Connect is 1.458 billion yuan, and the balance of funds on the day is 40.542 billion yuan.
Regarding the current market, New Era Securities believes that at the index level, it is not appropriate to chase up the current, and you can wait for a better opportunity. It is not too urgent to surpass the expectations of the layout policy or the economic recovery. On the one hand, the market driven by policy expectations has been relatively small in the past 10 years, and investors are more concerned about actual data of the real economy, so most of their impact will be concentrated on the right side of the policy, rather than the left side. On the other hand, behind the rebound in the previous market was the entry of allocation funds and the departure of trend funds. Similar situations have occurred in Q3-Q4 2018 and May-August 2019, both of which were shocks. Instead of a V-shaped bottom.
In addition, Shanxi Securities pointed out that the valuation and performance of A-share and Hong Kong stock assets are still relatively dominant globally, and will gradually attract foreign investment to re-enter the market after the liquidity crisis has gradually eased. Bullish on A shares. (Sino-Singapore Jingwei app)
(The opinions in this article are for reference only, and do not constitute investment advice. Investment is risky and you need to be cautious when entering the market.)