Chinanews.com client, Beijing, August 19th (Reporter Xie Yiguan) On the 19th, the three major A-share stock indexes fluctuated downwards. The ChiNext Index fell more than 3%. The Shanghai Index once turned red in the afternoon and then weakened again, and continued to fall in the late trading. Close to 3400 points.
As of the close, the Shanghai Composite Index fell 1.24% to 3,408.13 points; the Shenzhen Component Index fell 2.09% to 13,480.85 points; the ChiNext Index fell 3.27% to 2612.84 points, falling below 2,700 points. A total of 3009 stocks in the two cities fell, 12 stocks fell by the limit; 848 stocks rose, 69 stocks rose by the limit.
The Shanghai index daily chart.
The Hong Kong Stock Exchange stopped trading on the morning of the 19th due to a typhoon and officially resumed in the afternoon. The daily net outflow of northbound funds was 6.134 billion yuan. Among them, the net outflow of Shanghai Stock Connect was 2.214 billion yuan, and that of Shenzhen Stock Connect was 3.92 billion yuan. However, the market trading sentiment remained active, with the Shanghai and Shenzhen stock markets breaking through one trillion yuan throughout the day.
On the disk, the insurance, tourism, semiconductor, IT equipment, components and other industries have fallen at the top; the power sector performed strongly, with 8 related stocks including Mei Yan Jixiang, Zhangze Power, and Guidong Power closing their daily limit, water, warehousing and logistics, Food and beverage sectors closed up against the market. In terms of the conceptual sector, biological vaccines led the market, while the seed industry, artificial meat, and water conservancy construction sectors performed well.
"The short-term economic fundamentals have some twists and turns, but domestic and foreign demand are still in a resonant and upward recovery period; the interim report season of listed companies is approaching, and the performance has entered a critical verification period; external uncertainties have increased." said Wang Delun, chief strategy analyst at Industrial Securities. , Overall, the market volatility has increased compared with the previous period. The market has rapidly risen unilaterally since then, entering a stage of sideways consolidation and shock adjustment.
"The logic of growth stocks comes from the level of sufficient liquidity, and the logic of value stocks comes from the recovery of economic fundamentals exceeding expectations." Dongxing Securities analyst Yang Ruomu pointed out that at present, the market is still in strong stocks and the previous stagflation sector At the stage of supplementary gains, it is recommended to pay attention to the low-valuation sectors with high economic growth and pessimistic expectations.
"The current performance driving force is weakening, the liquidity margin is tightening, and the market tends to be volatile. However, the industry's rotation is accelerating, and attention can be paid to the supplementary growth opportunities of finance and other high-quality low-value sectors." Zhongyuan Securities analyst Yang Zhenyu also pointed out . (Finish)