Sino-Singapore Jingwei Client, July 29th. On Wednesday (29th), A-shares rose unilaterally, and the ChiNext Index rose nearly 4%. The turnover of the two markets was significantly larger than the previous two days. Individual stocks showed a general rise pattern, with more than 100 shares Daily limit.
Source: Wind
As of the close, the Shanghai Index reported 3294.55 points, an increase of 2.06%, with a turnover of 453.094 billion yuan; the Shenzhen Component Index reported 13557.44 points, an increase of 3.12%, with a turnover of 585.875 billion yuan; the ChiNext Index reported 2767.40 points, an increase of 3.78%; the Science and Technology 50 Index Soared 5.45%.
The industry sector was collectively popular, with healthcare, semiconductor, securities, medicine, and components leading the rise.
The medical sector soared 9.85% on the 29th. Five stocks including Guangzheng Medical, Weili Medical, and Berry Gene had their daily limit, and Haier Biotech rose by over 9%.
The concept sector is also all red, with biological vaccines, gallium nitride, anti-cancer, anti-flu, and photolithography machines leading the way.
Biovaccine surged 6.35%. Only Pengyao Environmental Protection fell 2.66%. Five stocks including North China Pharmaceuticals, Tibet Pharmaceuticals, and Zhifei Biological had their daily limit. Changchun Hi-tech gained over 9% and Fosun Pharmaceuticals rose 8.99%.
Overall, a total of 3583 stocks in the two cities rose, of which 150 stocks such as Shenzhen Textile A, Kaiying Network, and China Jushi rose more than 5%. 248 stocks fell, and one stock such as the delisted Yinge fell more than 5%.
In terms of turnover rate, a total of 25 stocks have turnover rates of more than 20%, of which Capital Online has the highest turnover rate, reaching 77.21%.
Shanxi Securities Research reported that trading volume in the two cities has declined recently and market sentiment has cooled. Based on the overall valuation of the current market, it can be expected that the short-term index will have greater upward resistance, and it will take time to break through. In the context of greater uncertainty, we can look for high-quality, low-value targets with greater certainty.
According to the analysis of China Securities, the stock market will return to a turbulent pattern in the near future, and low-value financial, real estate and cyclical industries will be relatively dominant. 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.
Guosheng Securities Research Report believes that in the absence of incremental funds entering the market, the market is expected to oscillate around 3200 points, repair technical indicators, and restart the upward trend after fully changing hands. (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.)