Sino-Singapore Jingwei Client, July 27th. On the first trading day of this week (27th), A-shares opened collectively higher, and then the three major stock indexes fluctuated within a narrow range and turned green for a while. Near the close, the index has turned red one after another, and the Shanghai Stock Index recovered another 3,200 points.
Source: Wind
As of the close, the Shanghai Index reported 3205.23 points, an increase of 0.26%, with a turnover of 402.232 billion yuan; the Shenzhen Component Index reported 12976.87 points, an increase of 0.32%, with a turnover of 519.619 billion yuan; the ChiNext Index reported 2631.76 points, an increase of 0.15%.
Most of the industry sectors were green, with shipping, tourism, hotel and catering, real estate, and aviation falling sharply; non-ferrous metals, agriculture, forestry, animal husbandry and fishery, IT equipment, semiconductors, and warehousing logistics saw the largest increases.
The ship sector plunged 3.83%. Among the stocks, only Jianglong Boats rose 3.79%, and China Shipbuilding Defense and China Shipbuilding Technology fell more than 6%. The non-ferrous sector lifted the daily limit tide, and 11 stocks including Baiyin Nonferrous Metals, Huayu Mining, and Shanda Resources rose to daily limit.
The concept sector also fell more and rose less. Baidu concept, new retail, medical waste treatment, hire-purchase co-rights, and satellite navigation fell more; gold concepts, seed industries, luxury goods, biological vaccines, and ecological agriculture had the largest gains.
The concept of gold rose by 5.36%, leading the rise in the concept sector. Among them, 15 stocks such as Chaohongji, Laofengxiang and Chifeng Gold have their daily limit.
Overall, a total of 1,752 stocks in the two cities rose, of which 148 stocks such as Yingliu, Xianglong Electric, and Yangguang Lighting rose by more than 5%. In 2001, individual stocks fell, of which 133 stocks such as ST Busen, Dehong, and ST Long Investment fell by more than 5%.
In terms of turnover rate, a total of 14 stocks had a turnover rate of more than 20%. Among them, Sihui Fushi had the highest turnover rate, reaching 60.61%.
In addition, the selection layer of the New Third Board officially opened on the 27th, and the trend was divided throughout the day. As of the close, 10 of the 32 companies had risen, and N Shares gained 55.4% and performed best; 21 fell, and 4 stocks including N Flow Gold fell more than 20%.
Source: Wind
Regarding the impact on A shares, the CICC research report stated that the initial stage of the opening is expected to have limited impact on the performance and liquidity of the A share market. Considering that the investor threshold of the selected layer is higher than that of the Sci-tech Innovation Board, and the number of investors is relatively small, it is expected that compared with the current A-share market with a daily turnover of about 1.2 trillion yuan, the opening of the selected layer will affect the liquidity of the A-share market Will be very limited.
In terms of A-shares, the Huaxin Securities Research Report analyzed that there was a significant adjustment in the market last week, mainly due to the deterioration of the external environment, which caused investors to panic, superimposed on the previous excessively rapid market rise, and after the market slowed down. After the loosening of the bargaining chip, the amount of selling pressure increased, and the pressure to lift the ban on the science and technology innovation board staged, the market is worried that the technology sector will kill the valuation. However, looking forward to the market outlook, on the whole, after the A-share market experienced a sharp adjustment last week, the risk on the market has been greatly released, and the wide fluctuation has become a new entry opportunity.
CITIC Construction Investment Research Report believes that the stock market will re-emerge a turbulent pattern, and low-valued financial, real estate and cyclical industries will be relatively dominant. Financial, real estate, and cycles are relatively small in overseas exposures, which belong to the inner cycle. At the same time, the low valuation also has the characteristics of both offense and defense. From the current point of view, due to the greater uncertainty in the external environment, economic internal circulation is the stable support for China's economic recovery.
Guotai Junan predicts that the A-share market will be dominated by shocks in the future, and the Shanghai Composite Index will fluctuate between 3,200 and 3,400 points. (Zhongxin Jingwei APP)
(The opinions in the article are for reference only and do not constitute investment advice. Investment is risky, and you need to be cautious when entering the market.)