Sino-Singapore Jingwei Client reported on September 8th in the afternoon, the three major indexes collectively turned red, and the brokerage sector rose.
For the first time in history, the daily turnover of the ChiNext surpassed the Shanghai Stock Exchange Index, and low-priced stocks continued to "carnival".
Individual stocks in the two cities rose more and fell less, and the overall market atmosphere improved.
Cloud gaming, environmental protection engineering, and third-generation semiconductor sectors ranked among the top gainers, while liquor, photoresist, and China Shipbuilding sectors were among the top decliners.
Wind screenshot
As of the close, the Shanghai Composite Index rose 0.72% to close at 3,316.42 points; the Shenzhen Component Index rose 0.07% to close at 13293.33 points; the ChiNext Index rose 0.36% to close at 2560.63 points.
In the sector, the third-generation semiconductor and GEM low-priced stocks are still the main line of the market. Low-priced stocks supplemented their gains and spread to the main board. Themes such as cloud gaming and environmental protection performed strongly. In the afternoon, coal, securities, insurance and other weighted sectors rose Drive the index to pick up.
In individual stocks, Tianshan Biotech once again closed the board, stimulating short-term sentiment in the market, and gained 11 daily limit in 12 trading days, which is a cumulative increase of nearly 5 times.
In terms of capital, the turnover of the two markets fell to 924.1 billion yuan, the GEM turnover surpassed the Shanghai stock market by about 337.5 billion yuan, and the net inflow of northbound funds against the market was about 6.5 billion yuan, terminating the net outflow for 6 consecutive days.
Minsheng Securities pointed out that the overall valuation of technology and consumption is still at a historically high level, and the price/performance ratio is lower than that of financial real estate/cyclical stocks.
Under the situation that the inflection point of the overseas epidemic has not yet appeared, relatively optimistic about the defensive sectors such as construction materials and coal with low valuations and high dividends; related sectors of the domestic epidemic situation, optional consumption, leisure services, etc.; if the technology leader with certain growth Falling unexpectedly can be considered for layout configuration.
Guodu Securities believes that the internal and external turbulent pressure factors in the A-share market have been exhausted in the last two months of continuous volatility and consolidation, and the stage is now coming to an end.
In the near term, the market may regain an uptrend or a catalyst is pending.
It is expected that A shares are currently in the first and second phases of the bull market shift.
Under the driving logic that the fundamentals have returned to the upward trend in the near-term, the second half of the structural bull market is being accumulated in the medium-term.
(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.)