A shares opened slightly higher: the Shanghai stock index rose 0.14%, and the pharmaceutical sector was active

　　Sino-Singapore Jingwei Client, March 16 following the drop in the previous trading day, on the 16th (Tuesday), A shares opened slightly higher. The Shanghai Index reported 3,24.65 points, an increase of 0.14%; the Shenzhen Component Index reported 13,574.56 points, an increase of 0.4%; The Growth Enterprise Market Index reported 2664.69 points, an increase of 0.78%; the Shanghai Stock Exchange 50 Index reported 3,57.01 points, an increase of 0.34%; the Shanghai and Shenzhen 300 Index reported 5054.41 points, an increase of 0.37%.

　　Shanghai and Shenzhen market opening performance Source: Wind

　　On the board, the hotel and catering, biological products, pharmaceutical and commercial, semiconductor, medical equipment, and real estate sectors are active.

The steel sector led the decline, while the coal and petroleum sectors all declined, while the insurance, power, paper, aquaculture, and military sectors were among the top decliners.

　　In terms of individual stocks, 1798 individual stocks rose, among which Xinghua, Anne, and Shunbo Alloy rose by more than 5%; 1544 individual stocks fell, of which Ruipu Biotech, C Henghui, Ningbo Fidelity and many other stocks The decline was more than 5%.

　　On the previous trading day (Monday), the A-share market retreated again. The Shanghai Stock Exchange Index fell nearly 1% and the ChiNext Index fell more than 4%.

Caitong Fund pointed out that one of the reasons for the large fluctuations in the market is the rapid increase in U.S. Treasury yields. The rise in interest rates has led to a reduction in the cost-effective allocation of high-valued sectors; while procyclical products benefited from global economic growth, and corporate profitability has accelerated. Out configuration advantage.

　　Huajin Securities analysis believes that in the short-term, the A-share market may be under pressure as a whole, but some investment highlights are still expected to be active; on the other hand, the 14th Five-Year Plan is officially implemented, and the industrial policy catalysis is expected to gradually ferment, and the theme of obvious benefits , Such as carbon neutrality, etc., is expected to be structurally active.

Looking at the long-term cycle, since the general upward trend of interest rates has been basically clear, the previous upward logic has been destroyed; considering the quarterly time period, the downward trend has a high probability of not over yet.

(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.)