China-Singapore Jingwei client, Thursday, June 11, A-shares strengthened in early trading, and the GEM index once rose more than 1.5%. The three major stock indexes turned green in the afternoon. The GEM index once fell by nearly 1%, and the intraday drop fell by more than 2%. The liquor stocks pulled back and the concept of online games was active.
Source: Wind
As of the close, the Shanghai index reported 2920.90 points, a decrease of 0.78%, and the turnover was 289.023 billion yuan; the Shenzhen Component Index reported 11243.62 points, a decrease of 0.81%, and the turnover was 431.949 billion yuan; the GEM index reported 2195.64 points, a decrease of 0.29%.
The industry sector fell more and less, and the automotive, Internet, telecommunications operations, software services, and IT equipment rose more; hotels, restaurants, food and beverage, agriculture, forestry, animal husbandry, fishing, winemaking, and insurance fell the most.
Hotels and restaurants fell 2.21%, none of the stocks rose, Quanjude fell nearly 5%, and Xi'an restaurants fell nearly 4%. In addition, the brewing sector continued to pull back, Maotai in Guizhou fell 1.63%, the stock price once fell below 1400 yuan, and Yanghe shares and alcoholic liquor all fell more than 2%.
Most of the concept plates are green, and tire pressure monitoring, unmanned driving, Tesla, lithography machines, and online games are among the top gainers; pork, artificial meat, anti-cancer, aquatic products, and gallium nitride are among the top decliners.
The concept of pork fell more than 2%, leading the decline in the concept sector, Muyuan shares fell more than 5%, Wen's shares, New Hope, Delis, etc. fell. The concept of online games is active against the market, rising 1%, stocks set a daily limit, and Caesar Culture, Star Entertainment, Huawen Group and other six stocks have daily limits.
Overall, a total of 1190 stocks in the two cities rose, of which 126 stocks such as ST Remote, Xinli Finance, and Zhongfu Information rose more than 5%. 2488 stocks fell, of which 39 stocks such as Muyuan shares, ST country heavy equipment, You A shares fell more than 5%.
In terms of turnover rate, a total of 41 stocks have a turnover rate of over 20%, among which Guizhou Sanli has the highest turnover rate of 65.64%.
Looking ahead, Huaxin Securities Research reported that after the index continued to shrink, A shares are likely to weaken again. 2950-3050 points is the previous trillion-dollar transaction volume intensive transaction area, superimposing the current investors' differences in the market. It is difficult to effectively enlarge, it also means that A shares may weaken, investors should have some control of the position, beware of the market going back.
Northeast Securities said that considering the shrinking volume, individual stocks falling more and less and the uncertainty of the external environment, there is a certain technical probability of a retracement, such as the retracement of the 2850-2900 point area. It tends to be more cautious in the short term. It is appropriate to lighten up positions and control some positions on rallies. (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.)