Chinanews Client Beijing, August 28 (Reporter Xie Yiguan) On the 28th, the three major A-share stock indexes fluctuated up during intraday trading. The Shanghai Stock Exchange Index and the Growth Enterprise Market Index broke through the barriers. Rush to the hot search.
As of the close, the Shanghai Composite Index rose 1.60% to 3,403.81 points, rushing to 3400 points; the Shenzhen Component Index rose 2.34% to 13851.32 points; the ChiNext Index rose 2.55% to 2757.84 points, returning to 2,700 points. A total of 2737 shares rose in the two cities, 56 shares rose by the limit; 1103 shares fell, and 11 shares fell by the limit.
The Shanghai index daily chart.
With the market trend improving, the net inflow of northbound funds continued, with a net inflow of over 6.443 billion yuan throughout the day, of which the net inflow of Shanghai Stock Connect was 1.487 billion yuan and that of Shenzhen Stock Connect was 4.956 billion yuan. The trading sentiment in the market was revived, and the trading volume of Shanghai and Shenzhen stocks was significantly enlarged, with a trading volume of 947.9 billion yuan throughout the day.
On the disk, the rise of big consumption, liquor stocks broke out and led the market to rise, financial stocks exerted strength, and banks and securities companies rose sharply. In addition, sectors such as tourism, medicine and agriculture have also strengthened.
"The short-term growth of the ChiNext, the listing of first-listed companies under the ChiNext registration system this week, promoted the rise in the popularity of the sector, and the short-term rebound of the ChiNext makes the valuation of the ChiNext rise." Centaline Securities analyst Yang Zhenyu pointed out.
Yang Zhenyu believes that the external environment is temporarily picking up, and the quarterly reporting period is coming to an end, and the sentiment of funds has rebounded. A-share valuation will usher in a systemic positive, and the valuation flexibility advantage of some small and medium-sized caps will be revealed. In the medium and long term, it is still optimistic that in the volatile market, the valuation performance of high-performance stocks and large-cap stocks will be more stable.
"The index is currently at a relatively high level. It is expected that the market will still be dominated by shocks in the short term. In the process of absorbing the pressure from the shock, the ChiNext may still become a leading indicator of leading the market to stabilize." Chief Market Analyst of Yuekai Securities Research Institute Yin Yue said that in the allocation direction, stick to the core asset line of profitability. In the overall economic environment of recovery, focus on cyclical core assets. (Finish)