Chinanews client, Beijing, December 1st (Reporter Xie Yiguan) 170 million shareholders are excited again!

On December 1, the A-share market had a good start for the month. The three major stock indexes fluctuated up during intraday trading. The Shanghai Stock Exchange Index returned to 3,400 points. The "stock market" and "funds" were all hotly searched.

  As of the close, the Shanghai Composite Index rose 1.77% to 3,451.94 points, returning to 3,400 points; the Shenzhen Component Index rose 1.90% to 13,930.37 points; the ChiNext Index rose 2.53% to 2,698.44 points.

The Shanghai index daily chart.

  After 3 consecutive days of net inflows of northbound funds, the "buy, buy, and buy" of A shares accelerated today, with a net inflow of 16.292 billion yuan throughout the day.

Among them, the net inflow of Shanghai Stock Connect was 10.049 billion yuan, and that of Shenzhen Stock Connect was 6.243 billion yuan.

However, the entire day's turnover in the two cities has shrunk compared to the previous trading day, reaching 865 billion yuan.

  On the disk, individual stocks in the two cities are now generally up, with a total of 3276 shares rising, 55 shares rising limit; 626 shares falling, 8 shares falling limit.

The industry sectors were popular across the board, with construction machinery, daily chemical, securities, healthcare, and aviation sectors leading the way.

The new energy vehicle concept sector set off a daily limit wave, and 11 related stocks such as Youde Precision, Founder Motor, and Changan Automobile closed the daily limit.

  “In the short term, the Shanghai and Shenzhen markets may trade sideways near the previous high. The main logic of the future economic recovery cycle will be superimposed on the positive resonance of multiple factors to drive the center to rise. It is expected that the mid-term market volatility and upward pattern will remain unchanged.

  "From the market environment in December, the situation of the overseas epidemic remains to be seen. The domestic economy maintains a sustained recovery trend. The "14th Five-Year Plan" will gradually clarify the policy direction, and there is still room for fiscal policy to be released." Dongguan Securities believes that the technical side of the market Maintaining relative strength, but major indices and sectors are still diverging, the market is also facing pressure from previous highs, the external environment is still unclear, and the funding situation is slightly tight before the end of the year. It is expected that the market will show a pattern of volatility in December. .

  “As the end of the year is approaching, large market capitalization heavy stocks frequently change. Whether it can drive the Shanghai Index to successfully hit new highs during the year still needs to be closely observed. The return of valuations of some growth stocks has not yet been completed. In the future, investors can continue to look for phased trading opportunities in procyclical industries. Investors are advised to pay close attention to changes in policy, capital and foreign markets." Zhang Gang, an analyst at Centaline Securities, said.

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