China-Singapore Jingwei client, May 6-On the first trading day of May, the three major A-share indexes opened lower and moved higher, rising throughout the day. The GEM rose more than 2% in intraday trading, covering the gap above. Technology stocks have become the main market, photoresist stocks have risen and stopped, and the agricultural, rare earth, and automobile sectors have been strong throughout the day.

　　Source: Wind

　　As of the close, the Shanghai Index reported 2878.14 points, an increase of 0.63%, and the turnover was 303.89 billion yuan; the Shenzhen Component Index reported 10883.22 points, an increase of 1.51%, and the turnover was 417.221 billion yuan; the GEM Index reported 2110.27 points, an increase of 1.97%.

　　The industry sector rose more and fell less, with semiconductors, telecommunications operations, mineral products, components, and IT equipment leading the way; tourism, hotels, restaurants, banks, transportation facilities, and insurance ranked first.

　　Semiconductors rose 4.68%, only Yicheng Xinneng and Zhouming Technology declined slightly; Shanghai Silicon Industry, Anji Technology, Juchen shares, Zhaoyi Innovation daily limit, Sanan Optoelectronics, Changdian Technology, Lanqi Technology, etc. Follow up.

　　The concept sector is also mostly red, only the ST sector fell 1.15%; lithography machines, sub-new stocks, seed industries, and chips rose the top.

　　On the 6th, the lithography machine rose by more than 6%, leading the concept sector. Among the individual stocks, Anji Technology, Nanda Optoelectronics, Jingrui shares, Tongyi shares and other six stocks have daily limit; * ST victory fell more than 5%.

　　Overall, a total of 3067 stocks in the two cities rose, of which 149 stocks such as Strong New Materials, Hangjin Technology, and Guanghua Technology rose more than 5%. 623 stocks fell, of which 20 stocks such as Baiyun Airport, ST Haoyuan, ST Qunxing fell more than 5%.

　　In terms of turnover rate, a total of 25 stocks have a turnover rate of over 20%, among which Xiangjia shares have the highest turnover rate of 62.24%.

　　Guotai Junan believes that the market shock pattern in May is expected to continue. The key factor that affects the market is that the market lacks sufficient momentum both upwards and downwards, and the shock pattern will remain in May.

　　According to China Merchants Securities' analysis, entering May 2020, although A-shares faced external disturbances in May, policy expectations, fundamental improvement in fundamentals, and ample liquidity are still expected to maintain resilience and move out of the trend of declining and then rising.

　　Anxin Securities said that in the next stage, the core keyword of the fundamental trend is "recovery". With the support of national monetary and fiscal policies, the global economy is expected to recover, and A shares are expected to usher in a "recovery bull". It is expected that A shares will still benefit from the continued marginal improvement in liquidity, profitability and risk appetite, showing a volatile upward trend. After the holiday, if the market appears to be callback due to external disturbances, it will actively pay attention to the layout opportunities. (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.)