Chinanews client, Beijing, August 26 (Reporter Xie Yiguan) On the 26th, the three major A-share stock indexes fluctuated downward, and the ChiNext index fell by more than 2%. The stocks of the two cities were generally down, and the semiconductor sector led the market.
As of the close, the Shanghai Composite Index fell 1.30% to 3329.74 points, the Shenzhen Component Index fell 1.76% to 13428.40 points, and the ChiNext Index fell 2.13% to 2644.14 points. A total of 3227 stocks in Shanghai and Shenzhen stocks fell, 31 stocks fell by the limit; 686 stocks rose, and 35 stocks rose by the limit.
The GEM is just around the corner.
Under the sluggish market, most of the newly registered shares on the ChiNext are in a state of correction. Among them, 9 stocks fell more than 10%, C card billion, C Jinchun, C Kangtai, C Anke fell more than 15%.
The daily net outflow of northbound funds was 1.177 billion yuan, ending the three consecutive days of net inflow; market trading sentiment has fallen from the previous period, and the daily turnover of the two cities has been less than one trillion yuan for three consecutive days.
On the disk, the semiconductor, daily chemical, hotel and catering, components, aviation and other industries saw the largest declines. The warehousing and logistics, environmental protection, food and beverage sectors bucked the market and closed up; in the conceptual sector, aquatic products fell more than 4%. The waste treatment, drones, and air treatment sectors performed well.
"Since August, the major A-share stock indexes have been adjusted mainly by shocks. Among them, the ChiNext index is weak." Lin Xiaoming, chief analyst of financial engineering at Huatai Securities, pointed out that because the ChiNext index rose relatively sufficiently in the early stage, it may take a period of time. The shock adjustment will accumulate energy for the summit period.
"Although external factors have caused disturbances to the market, the economy has gradually recovered, the price level is low inflation, the trend of credit expansion continues, and liquidity is relatively abundant. The relatively positive overall market environment supports the stock market." China Galaxy Securities analyst Fu Yanping Said.
In Fu Yanping's view, the current stock market valuation is at a high level, which has weakened the market's upward momentum, but the market is expected to continue the upward trend of central shocks. The correction of the index caused by the disturbance of event factors will be an opportunity to buy on dips. In terms of market style, the economy is basically well-oriented and the value is better than growth. It is recommended to focus on the allocation opportunities of cyclical stocks. (Finish)