China-Singapore Jingwei client, April 30 (Thursday 30), the last trading day before the holiday, A shares opened higher and higher, the three major indexes rose sharply. Semiconductors led the outbreak of technology stocks across the board, and brokerage, military, and non-ferrous metal sectors also performed strongly.
The rise and fall of A-share indexes. Source: Wind
As of midday closing, the Shanghai stock index rose 1.30% to 2895.21 points, with a turnover of 172.8 billion yuan; the Shenzhen Component Index rose 2% to 10724.90 points, with a turnover of 240.9 billion yuan; the GEM index rose 1.89% to 2068.91 points, with a turnover 82.2 billion yuan.
Science and technology board rose list. Source: Wind
On the disk, the semiconductor sector led the gains, and technology stocks broke out across the board. Juchen shares, Zhaoyi Innovation, Star Semi-conductor and other stocks have daily limit. From the perspective of the science and technology board, Juchen shares led the rise, and Shanghai Silicon Industry, Walt Gas, Tiannai Technology, Rainbow Software, etc. rose more than 10%, and the stocks of the science and technology board closed up across the board.
In addition, IT equipment, telecommunications operations, securities, shipping, hotel catering, aviation and other sectors were active. The sectors of medicine, banking, winemaking, agriculture, forestry, animal husbandry and fisheries saw narrower gains.
In terms of concept stocks, lithography machines, chips, consumer electronics, Xiaomi concept, cloud computing, and Tesla sectors were among the top gainers.
In terms of individual stocks, 3172 stocks rose, among which 149 stocks such as GCL-Nec, Gongjin shares, and Fuman Electronics rose more than 5%. 532 stocks fell, including 36 stocks such as ST Qunxing, ST Tianbao, Haili Biology and others fell more than 5%.
In terms of turnover rate, a total of 12 stocks have a turnover rate of over 20%, of which Ruixin Technology has the highest turnover rate of 47.04%.
In terms of capital flow, the top five inflows in the industry sector are electronics manufacturing, computer applications, semiconductors, optical optoelectronics, and securities firms. The top five outflows are electronics manufacturing, semiconductors, computer applications, banks, and chemicals. The top five stocks that flowed into the top five were Wentai Technology, Changdian Technology, Zhaoyi Innovation, China Software, and Oriental Fortune. The top five stocks that flowed out were Wentai Technology, Changdian Technology, Inspur Information, Beijing-Shanghai High-speed Railway, Shenzhen Konka A.
As of the previous trading day, the balance of Shanghai Stock Exchange financing was 543.685 billion yuan, a decrease of 12.625 billion yuan from the previous trading day, and the margin balance was 15.376 billion yuan, an increase of 4.389 billion yuan from the previous trading day; the Shenzhen Stock Exchange financing balance was 484.858 billion yuan. This is an increase of 44.286 billion yuan from the previous trading day, and the margin balance was reported at 6.443 billion yuan, an increase of 3.616 billion yuan from the previous trading day. The balance of margin financing and securities lending in the two cities totaled 1050.362 billion yuan, an increase of 39.66 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 2.604 billion yuan, of which the net inflow of Shanghai Stock Connect was 736 million yuan, the balance of funds on the day was 51.264 billion yuan, and the net inflow of Shenzhen Stock Connect was 1.868 billion yuan. The balance is 50.132 billion yuan; the net inflow of southbound funds is 1.978 billion yuan, of which the net inflow of Shanghai-Hong Kong Stock Connect is 706 million yuan, the balance of funds on the day is 41.294 billion yuan, the net inflow of Shenzhen-Hong Kong Stock Connect is 1.272 billion yuan, and the balance of funds on the day is 40.728 billion yuan.
Founder Securities believes that the pre-holiday market will continue to run in a narrow range during the intraday period, and the upper and lower spaces are limited. The pre-holiday effect and the amount of energy are also expected to shrink further. In terms of operational strategy, look more and move less. Those who are heavy positions are the first to wait and see. Those who are light positions can focus on new infrastructure, semiconductors, military and high-tech industry leading stocks on dips. For stocks that have risen sharply in the short term, we must resolutely avoid them.
New Times Securities pointed out that in the rebound since the end of March, consumer stocks were exceptionally strong, and a large number of individual stocks hit a record high. From the statistical data since 2016, consumer stocks are more likely to fluctuate at a high level after the index bottomed out in a volatile period and trended upwards The period and the trend of the decline in the first half of the period have generated huge excess returns. In May, investors may still be confused about the trend of the index, and consumer stocks can continue to be held. At the same time, due to the rapid decline in interest rates, the allocation ratio of low valuation and high dividends can be appropriately increased. (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.)