A-shares drop in the afternoon, the Shanghai stock index closes down 0.29%, coal power sector prosper

　　Sino-Singapore Jingwei Client, December 18th, in late trading on the 18th, after a slight rebound, the three major indexes consolidated weakly.

The coal sector remained strong, and the auto sector's activity rebounded again.

　　Wind screenshot

　　As of the close, the Shanghai Composite Index reported 3394.90 points, a decrease of 0.29%, with a turnover of 35.027 billion yuan; the Shenzhen Component Index reported 13,854.12 points, a decrease of 0.26%, with a turnover of 417.246 billion yuan; the ChiNext Index reported 278.73 points, a decrease of 0.18%; the Shanghai Stock Exchange 50 Index reported 3507.97 points, a decrease of 0.89%.

　　On the disk, coal mining, marketing communications, automobiles, rare metals, and other mining sectors led the gains; the hotel, tourism, food processing, fishery, pharmaceutical and commerce sectors led the decline.

In terms of concept stocks, capital leaders, rice wine, coal, yesterday's connecting board, and automobile vehicles were among the top gainers, while food and beverage, silicon carbide, Pinduoduo concept, artificial meat, and tourism were the top losers.

　　Recently, news of power curtailment has been reported in parts of Zhejiang and Hunan, and the scope is not limited to industrial electricity, and has attracted widespread market attention.

　　Coal stocks further strengthened in the afternoon. Dayou Energy, Haohua Energy, and Zhengzhou Coal and Electricity stocks have their daily limit. Panjiang shares rose 9%.

Among the power stocks, Ningbo Thermal Power, Hunan Development, and Ganneng share daily limit.

　　In terms of individual stocks, 1,380 stocks rose, among which Nanjing Public, ST Power, Aerospace Development and other stocks rose more than 5%.

2591 stocks fell, of which Lei Sai Intelligent, Dow Tong Technology, Levima Technologies and other stocks fell more than 5%.

　　In terms of turnover rate, a total of 24 stocks had a turnover rate of more than 20%. Among them, Mingwei had the highest turnover rate, reaching 72.78%.

　　Data from the China Foreign Exchange Trading Center showed that the central parity of the RMB against the US dollar rose by 47 points to 6.5315.

　　The Shanghai Interbank Offered Rate (SHIBOR) reported overnight at 1.7230%, an increase of 36.7 basis points; the 7-day SHIBOR reported 2.1480%, an increase of 18.7 basis points; the 3-month SHIBOR reported 2.8550%, a decrease of 5.0 basis points.

　　As of the previous trading day, the Shanghai Stock Exchange’s financing balance was reported at 758.569 billion yuan, an increase of 1.319 billion yuan from the previous trading day, and the securities lending balance was reported at 77.518 billion yuan, an increase of 1.817 billion yuan from the previous trading day; the Shenzhen Stock Exchange’s financing balance was reported at 711.686 billion yuan. , An increase of 1.435 billion yuan over the previous trading day, and the securities lending balance reported 44.223 billion yuan, an increase of 802 million yuan over the previous trading day.

The balance of margin trading and securities lending in the two cities totaled 1,591.996 billion yuan, an increase of 5.373 billion yuan from the previous trading day.

　　From the perspective of the north-south capital flow of the Shanghai-Shenzhen-Hong Kong Stock Connect, as of press time, the net inflow of northbound funds is 2.28 billion yuan, of which the net inflow of Shanghai Stock Connect is 3.591 billion yuan, the balance of funds on the day is 48.409 billion yuan, and the net outflow of Shenzhen Stock Connect is 1.311 billion yuan. The balance was 53.311 billion yuan; the net inflow of southbound funds was 1.047 billion yuan, of which the Shanghai-Hong Kong Stock Connect net outflow was 459 million yuan, the fund balance on the day was 42.459 billion yuan, the Shenzhen-Hong Kong Stock Connect net inflow was 1.506 billion yuan, and the fund balance on the day was 40.494 billion yuan.

　　China Merchants Securities believes that the US dollar is weak and commodities are strong.

It is judged that starting from 2020, we will usher in a 9-year commodity bull market. During this period, with the adjustment of the inventory cycle, commodity prices will fluctuate, but the highs of prices are expected to rise gradually.

　　Haitong Securities pointed out that since the adjustment of the top of the box, the stock index rebounded again only after falling to the 60-day line. Last week, the Yinxian had already covered most of it. If the trading volume can be enlarged to more than 400 billion on Friday, it is possible to turn the Yinxian. In this case, the possibility of challenging new highs is not ruled out.

In particular, the Shanghai Stock Exchange 50 Index, once again hitting a new high, is just in sight. Various signs indicate that the downside is very limited, and it is necessary to actively open positions on dips.

At the same time, the new delisting system ensures the survival of the fittest and a degree of advancement and retreat. As long as the transaction volume matches, the index may be able to reach a higher level before the end of the year.

(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.)