China News Agency, Beijing, November 2 (Reporter Xia Bin) Shaking off the shadow of closing down on the last trading day of October, A shares ushered in a "good start" on the first trading day of November.
At the opening on the 2nd, the three major A-share indexes collectively rebounded and opened higher, and finally all closed in red. The ChiNext index rose nearly 2%.
As of the close, the Shanghai Composite Index reported 3225.12 points, an increase of 0.02%, with a turnover of 325.322 billion yuan (RMB, the same below); the Shenzhen Component Index reported 13420.96 points, an increase of 1.39%, with a turnover of 487.11 billion; the GEM index reported 2708.39 Points, up 1.98%, and turnover was 231.22 billion yuan.
Generally speaking, the concept of photovoltaics continued to strengthen, the home appliances, liquor, new energy vehicles and other sectors remained strong, while the military industry and pharmaceutical sectors did not perform well.
This year's "Double Eleven" shopping festival officially opened. The latest data from e-commerce companies such as Tmall, JD.com, and Suning show that the sales of 3C home appliances are booming.
The Bank of China Securities research team believes that with the arrival of the "Double Eleven" promotion in the fourth quarter of 2020, home appliance consumption is expected to usher in a new round of climax, and the online market is expected to maintain a relatively high boom.
At the same time, the "drinking" enthusiasm in the A-share market has not diminished, and the stock price of the liquor sector has collectively improved, but behind it is the sharp divergence of the company's performance. .
Looking ahead, Yang Delong, chief economist of Qianhai Kaiyuan Fund, believes that the A-share market is expected to usher in a rebound. From a financial perspective, after Ant's listing, its role in diversion of market funds will gradually decrease, and market funding will also improve. Therefore, the market should be expected to fluctuate and repeat this week.
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