Sino-Singapore Jingwei Client, November 23. On Monday, A-shares fluctuated higher throughout the day. The Shanghai stock index rose more than 1% and stood at 3,400 points. The "coal dance" market reappeared, and liquor stocks also performed well.
Source: Wind
As of the close, the Shanghai Composite Index reported 3414.49 points, an increase of 1.09%, with a turnover of 431.504 billion yuan; the Shenzhen Component Index reported 13,955.28 points, an increase of 0.74%, with a turnover of 522.455 billion yuan; the Growth Enterprise Market Index reported 2686.36 points, an increase of 0.72%.
Among the industry sectors, coal, wine, securities, non-ferrous metals, and food and beverage sectors have the largest gains; hotels and catering, tourism, the Internet, electrical appliances, cultural and educational leisure have the largest declines.
On the 23rd, A-shares reappeared in the "coal dancing" market. Coal rose 5.13% to lead the industry sector, and individual stocks approached the full red. Zhengzhou Coal and Power, Yanzhou Coal, Datong Coal and other daily limit, Yangquan Coal, Jizhong Energy , Dayou Energy, etc. followed up.
Liquor stocks, brokerage stocks, and non-ferrous stocks all rose more than 2%. Golden Seed Wine, Kuaijishan, Jinfeng Wine, Guolian Securities, Yuguang Gold and Lead, Hongchuang Holdings, Chihong Zinc Germanium and other daily limit; Kweichow Moutai, Guojin Securities Wait for Zhang over 4%.
Most of the concept sectors were popular, with disperse dyes, scarce resources, titanium, fluorine concepts, and special steels leading the rise; Tencent concepts, consumer electronics, bytebeat, and remote office leading the decline.
Tencent Concept fell more than 1% on the 23rd, Tianmai Technology fell more than 14%, and Xunyou Technology, Zhengtong Electronics, and Tempus International fell.
On the whole, 2066 stocks rose, among which many stocks such as Meirui New Materials, Huilong Stock, and Riyue Stock rose by more than 5%.
1,834 individual stocks fell, among which many stocks such as Zhongxin Travel, Bandung Optoelectronics, and Wanye Enterprise fell by more than 5%.
In terms of turnover rate, a total of 54 stocks had a turnover rate of more than 20%. Among them, N Zhongjing had the highest turnover rate, reaching 75.27%.
Tianfeng Securities believes that the "cold winter" has come, and it is optimistic that coal prices will remain high, so as to restore the performance of the thermal coal sector.
Essence Securities said that the current port coal price is higher than the same period last year, and the price increase has exceeded market expectations. The current coal sector valuation is at the bottom of history, and the rise in coal prices is expected to promote the performance growth of listed companies and thus drive sector valuations to rebound.
Regarding the market outlook, the Guotai Junan Research Report believes that the Shanghai Composite Index will maintain a shock of 3100-3500 in the next quarter, the appreciation of the renminbi will be combined with external risks, and A shares will be in a more friendly trading window.
China Merchants Securities said that A-share listed companies are currently in the upward cycle of earnings since the second quarter of 2020. A-share earnings in 2021 will be significantly better than this year, and a valuation switch will be triggered near the end of the year; A-shares are brewing. More obvious upward market.
(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.)