The Shanghai stock index rose 1.6% to recover 3,400 points, securities and other sectors led the gains

　　Sino-Singapore Jingwei Client, August 28. On Friday, after the three major A-share stock indexes opened lower, they fluctuated higher thereafter, and the Shanghai stock index recovered 3400 points. Most of the first batch of 18 stocks under the GEM registration system closed down. Only C Anke and C Eurocom rose, while C Montai fell more than 20%.

Screenshot source: Wind

　　As of the close, the Shanghai Index reported 3403.81 points, an increase of 1.6%, with a turnover of 379.367 billion yuan; the Shenzhen Component Index reported 13851.32 points, an increase of 2.34%, with a turnover of 568.479 billion yuan; the Growth Enterprise Market Index reported 2757.84 points, an increase of 2.55%; the Shanghai 50 Index reported 3368.44 points, an increase of 2.36%.

　　On the disk, industry sectors rose almost across the board, with shipping, securities, wine, tourism, and aviation sectors leading the rise, while environmental protection, petroleum, and mineral products sectors fell.

　　Most of the conceptual sectors rose, with sectors including GDR, generic drugs, immunotherapy, biological vaccines, and anti-cancer leading the rise, while sectors such as air treatment, disperse dyes, medical waste treatment, seawater desalination, and sewage treatment led the rise.

　　In terms of individual stocks, 2737 stocks rose, of which 145 stocks such as Jiacheng International, Xinbao and Shanghai Jahwa rose more than 5%. 1103 stocks fell, of which 94 stocks such as China Sports Industry, Haineng Industry, and ST Tongpu fell more than 5%.

　　In terms of turnover rate, a total of 60 stocks have a turnover rate of more than 20%. Among them, N Ruisheng has the highest turnover rate, reaching 78.34%.

　　As of the last trading day, the Shanghai Stock Exchange’s financing balance was reported at 731.588 billion yuan, an increase of 62 million yuan from the previous trading day, and the securities lending balance was at 42.494 billion yuan, an increase of 941 million yuan from the previous trading day; the Shenzhen Stock Exchange’s financing balance was reported at 683.08 billion yuan. , An increase of 1.87 billion yuan from the previous trading day, and the securities lending balance reported 24.512 billion yuan, an increase of 364 million yuan from the previous trading day. The balance of margin financing and securities lending in the two cities totaled 1,481.602 billion yuan, an increase of 3.237 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 8.972 billion yuan, of which the net inflow of Shanghai Stock Connect is 2.742 billion yuan, the balance of funds on the day is 49.258 billion yuan, and the net inflow of Shenzhen Stock Connect is 6.23 billion yuan. The balance was 45.77 billion yuan; the net inflow of southbound funds was 4.733 billion yuan, of which the Shanghai-Hong Kong Stock Connect net inflow was 2.22 billion yuan, the fund balance on the day was 39.78 billion yuan, the Shenzhen-Hong Kong Stock Connect net inflow was 2.513 billion yuan, and the day’s fund balance was 39.487 billion yuan.

　　Great Wall Securities believes that good stocks are currently at high valuations, liquidity and economic expectations have been reflected in the stock market, and the overseas situation is still unclear, maintaining the view that A shares are volatile. It is recommended to lay out core companies and core industries on dips, not to participate in the ranks of further raising the valuation of stocks, and not to participate in the speculation of some junk stocks after the growth of the GEM has expanded.

　　Yuekai Securities pointed out that in terms of different sectors, the overall sentiment of the ChiNext is better than that of the Shanghai Stock Exchange Index. After the previous oversold, some low-priced ChiNext stocks once again ushered in low buying opportunities. The index is currently at a relatively high level. It is expected that the short-term market will still be dominated by turbulence. In the process of absorbing the pressure from the shock, the ChiNext may still become the leading indicator that leads the market to stabilize. (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.