Sino-Singapore Jingwei Client, October 19th. On Monday, the index fluctuated downward throughout the day.
On the sector, the banking and insurance sectors rose and fell, with the photovoltaic, pharmaceutical and food sectors leading the decline.
Source: Wind
As of the close, the Shanghai Composite Index fell 0.71% to close at 3312 points; the Shenzhen Component Index fell 0.82% to close at 13,421 points; the ChiNext Index fell 1.28% to close at 2,689 points.
Most industry sectors are green, with medical and health care, coal, gas and heating, food and beverage, and public transportation leading the decline; shipping, chemical fiber, aviation, mineral products, and communication equipment leading the rise.
The healthcare sector led the decline. Among them, Kailitai fell 9.54% to approach the limit, Lepu Medical and Sanxin Medical fell more than 8%.
In addition, the coal sector fell by more than 2%. Among individual stocks, Xishan Coal and Power fell by more than 7%, Hengyuan Coal and Power, Jizhong Energy, Lu'an Environmental Energy, Shanxi Coking and so on fell.
The concept sector also fell more and rose less. Genetic concepts, immunotherapy, generic drugs, anti-cancer, and biological vaccines fell more; quantum communications, seed industry, satellite navigation, disperse dyes, and ecological agriculture had the largest gains.
Gene Concept fell 2.19%, Betta Pharmaceuticals and Leadman fell more than 7%, and Shengxiang Biotech fell 6.86%.
What needs to be mentioned is that the concept of quantum communications rose sharply against the market. On the 19th, it closed up 4.14%, leading the rise in the concept sector. Among them, 8 stocks including Keda Guochuang, Guangku Technology, Blue Shield, and Shengyang Technology had their daily limit. Technology, China Information, Accelink Technology, etc. have risen.
The CICC research report believes that under the background that the market differentiation remains at a high level, it is more difficult for the index to break through the current fluctuation range. Although the short-term market trend still has many twists and turns, the mid-term rise is still not over. Investors are advised to stay in shock. Capture investment opportunities brought by performance restoration.
Guosen Securities analyzed that the economic recovery is still advancing steadily, and the monetary policy has gradually returned to normalization. The period of most loose market liquidity may have passed, and the market will shift from valuation-driven to profit-driven in the later stage.
In addition, investors can pay attention to the sectors where the profit of the third quarter report has greatly improved. According to the disclosed data, the net profit growth rate of A-share listed companies in the third quarter continued to improve significantly, and the profit of the automobile, mechanical equipment, chemical and other manufacturing and cycle sectors improved at the industry level. The amplitude is higher.
(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.)