The index rose more than 3% intraday, the pharmaceutical and biological sector led the rise
Sino-Singapore Jingwei Client, July 29. On the 29th, the three major A-share stock indexes rebounded strongly after opening lower, and the index rose more than 3% in intraday trading. On the disk, stocks, pharmaceuticals, semiconductors, and biological vaccines saw gains.
As of midday's close, the Shanghai Index reported 3261.76 points, an increase of 1.05%, with a turnover of 274.82 billion yuan; the Shenzhen Component Index reported 13391.04 points, an increase of 1.85%, with a turnover of 353.16 billion yuan; the ChiNext Index reported 2730.85 points, an increase of 2.41%.
In terms of individual stocks, 2838 stocks rose, of which 150 stocks such as Joyoung, Proya, and Qixin Group rose more than 5%. 834 individual stocks fell, of which 5 stocks including Haishun New Materials, Haiyin, and Qingdao Zhongcheng fell by more than 5%.
As of the previous trading day, the Shanghai Stock Exchange’s financing balance was reported at 703.851 billion yuan, an increase of 591 million yuan from the previous trading day, and the securities lending balance was at 30.282 billion yuan, an increase of 803 million yuan from the previous trading day; the Shenzhen Stock Exchange’s financing balance was reported at 642.06 billion yuan , An increase of 328 million yuan from the previous trading day, and the securities lending balance reported 18.337 billion yuan, an increase of 776 million yuan from the previous trading day. The balance of margin trading and securities lending in the two cities totaled 1,394.529 billion yuan, an increase of 2.499 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 capital is 7.488 billion yuan, of which the net inflow of Shanghai Stock Connect is 1.733 billion yuan, the balance of funds on the day is 50.267 billion yuan, and the net inflow of Shenzhen Stock Connect is 5.755 billion yuan. The balance was 46.245 billion yuan; the net inflow of southbound funds was 2.756 billion yuan, of which the Shanghai-Hong Kong Stock Connect net inflow was 1.467 billion yuan, the day's fund balance was 40.533 billion yuan, the Shenzhen-Hong Kong Stock Connect net inflow was 1.289 billion yuan, and the day's fund balance was 40.711 billion yuan.
Industry sector gains list
On the disk, industry sectors rose almost across the board, with sectors such as healthcare, securities, pharmaceuticals, semiconductors, insurance, household appliances, and daily chemicals leading the rise; five sectors including shipping, wine, and aviation fell.
Concept plate gainers
The concept sector was almost all red. The biovaccine, gallium nitride, anti-cancer, anti-influenza, genetic concepts, generic drugs, immunotherapy and other sectors rose higher; seven sectors including seed industry, pork, and ecological agriculture fell.
Looking forward to the market outlook, Yuekai Securities pointed out that although the overall trend of the index is relatively strong, the current disturbance factors in the market cannot be ignored. The peak of the lifting of the ban on the first batch of science and technology innovation boards, superimposed on the GEM registration system, may have a siphon effect on market funds. Under the current external disturbance factors, the disturbance to the market may still be enlarged from an emotional perspective; in addition, it is currently positive. During the performance disclosure period, performance will also become an important allocation direction for the market. Under multiple disturbance factors, the market does not rule out the possibility of finding support for the gap and moving average system again. The probability of oscillating around the box in the short term is still relatively high.
Aijian Securities suggests that investors should pay close attention to the trend of the ChiNext index. The market volume and price deviated significantly this week. At present, the Shanghai Index still has a 3,150-point weekly gap in the previous period. However, the short-term stock index may once again challenge the short-term moving average. It is inevitable to avoid wide fluctuations in the stock index. (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.)