On the last trading day before the China-Singapore Jingwei Client September 30th, the three major A-share stock indexes opened slightly higher, and rebounded after a collective decline in the afternoon, but they weakened again in late trading.

As of the close, the Shanghai Composite Index closed down slightly, and the Shenzhen Component Index and ChiNext Index closed slightly higher.

　　As of the close, the Shanghai Index reported 3218.05 points, a decrease of 0.2%, with a turnover of 205.763 billion yuan; the Shenzhen Component Index reported 12,907.45 points, an increase of 0.05%, with a turnover of 334.223 billion yuan; the Growth Enterprise Market Index reported 2574.76 points, an increase of 0.44%; the Shanghai 50 Index reported 3232.42 points, a decrease of 0.27%.

　　Overall, in September, the Shanghai Composite Index fell 5.23%, the Shenzhen Component Index fell 6.18%, and the ChiNext Index fell 5.63%.

　　On the disk, the glass manufacturing, automotive, medical services, electrical automation equipment, medical equipment and other sectors led the gains; catering, coal mining, forestry, industrial metals, shipping and other sectors led the decline.

In terms of concept stocks, capital leaders, diamonds, film and television media, yesterday's daily limit, and automotive vehicles were among the top gainers. Sugar, sweeteners, BDI index, Xi'an Free Trade Zone, and PM2.5 were among the top losers.

　　In terms of individual stocks, 1,447 individual stocks rose, among which ST Nanfeng, Zejing Pharmaceutical-U, Jingfeng Mingyuan and other stocks rose more than 5%.

2398 stocks fell, of which ST Busen, Baan Water, Jingyeda and other stocks fell more than 5%.

　　In terms of turnover rate, a total of 45 stocks have a turnover rate of more than 20%, among which N Shihua has a turnover rate of 66.82%.

　　In terms of capital flow, the top five major flows of industry sectors are brokerage firms, bank II, power supply equipment, optical optoelectronics, and real estate development. The top five outflows are brokerage firms, bank II, optical optoelectronics, real estate development, and power supply equipment.

The top five stocks with major inflows are BYD, Industrial Bank, BOE A, Ping An Bank, and Focus Media. The top five stocks with outflows are BOE A, Pacific Ocean, Ping An Bank, Industrial Bank, and Zijin Mining.

　　As of the previous trading day, the Shanghai Stock Exchange’s financing balance was reported at 726.928 billion yuan, a decrease of 1.397 billion from the previous trading day, and the securities lending balance was at 54.931 billion yuan, a decrease of 302 million from the previous trading day; the Shenzhen Stock Exchange’s financing balance was at 678.403 billion yuan. , A decrease of 2.378 billion yuan from the previous trading day, and the securities lending balance reported 30.173 billion yuan, an increase of 6 billion yuan from the previous trading day.

The balance of margin financing and securities lending in the two cities totaled 1,490.435 billion yuan, a decrease of 4.071 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 outflow of northbound capital is 1.208 billion yuan, of which the net outflow of Shanghai Stock Connect is 493 million yuan, the balance of funds on the day is 52.493 billion yuan, and the net outflow of Shenzhen Stock Connect is 715 million yuan. The balance was 52.715 billion yuan; the net inflow of southbound funds was 4.405 billion yuan, of which the Shanghai-Hong Kong Stock Connect net inflow was 1.758 billion yuan, the day’s fund balance was 40.242 billion yuan, the Shenzhen-Hong Kong Stock Connect net inflow was 2.647 billion yuan, and the day’s fund balance was 39.353 billion yuan.

　　On the news, the Central Bank released the contents of the third quarterly regular meeting of the Monetary Policy Committee, analyzed the domestic and international economic and financial situations, and proposed the next economic and financial policy direction.

Guosheng Securities believes that the content of the meeting weakens counter-cyclical adjustment and emphasizes the accuracy and timeliness of the policy.

This means that as the economy continues to recover, monetary policy will no longer be loose from the previous month and may even be tightened.

The impact on A shares is neutral and negative.

　　Huaxin Securities believes that A-shares will continue to shrink and oscillate, and basically compound judgments. Due to the emotional downturn before the holiday, it is difficult for the market to perform well. In addition to the expectation of long-term external uncertainty, the index is also facing strong Selling pressure, which makes the overall market characteristic is malaise.

　　Looking ahead, Centaline Securities believes that as the structural repair space for valuation narrows, the impact of performance drivers on A-shares will gradually increase; A-shares will pay attention to the structural differentiation brought about by performance differentiation after the end of the quarter and double festivals. opportunity.

Therefore, it is expected that there will be a structural restoration of valuation driven by performance drivers after the holiday, and the valuation of mainline industries is expected to be supported.

(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.)