Sino-Singapore Jingwei Client, March 19th. On Friday, the three major A-share stock indexes opened lower and fell back. The Shanghai Stock Exchange index stood at 3,400 points, and the index fell by nearly 3.5%.
On the disk, the energy, chemical and financial sectors were among the top decliners, and the new stocks bucked the trend and set the limit tide.
As of the close, the Shanghai Composite Index reported 3,404.66 points, a decrease of 1.69%, with a turnover of 339.992 billion yuan; the Shenzhen Component Index reported 1,3606.00 points, a decrease of 2.56%, and a turnover of 4,321.15 billion yuan; the ChiNext Index reported 2671.52 points, a decrease of 2.81%; the Shanghai 50 Index reported 3512.02 points, a drop of 2.6%.
Industry sector decline list
Among the industry sectors, the petroleum, chemical fiber, insurance, banking, and daily-use chemical sectors led the decline; power, aviation, shipping, gas and heating sectors led the rise.
International oil prices fell by more than 9% overnight. Domestic energy and chemical product futures fell the most, and crude oil closed its limit.
In terms of the concept sector, the Pan-Pearl River Delta, Polyurethane, Silicone, Phosphorus Concept, and Glyphosate sectors ranked among the top decliners; the sub-new stocks, wind energy, electronic payment, military-civilian integration, generic drugs and other sectors ranked top gainers.
The new stocks bucked the trend and set the daily limit tide, with more than 20 stocks including Shangneng Electric and Shengde Xintai.
List of new stocks gainers
In terms of individual stocks, 1738 individual stocks rose, among which Hubei Energy, Jicheng Electronics, Guangdong Hydropower and other stocks rose by more than 5%.
2,295 stocks fell, of which Antarctic, CVTE, Xinfengming and many other stocks fell by more than 5%.
Aijian Securities believes that this week's stock index is subject to the 10-day moving average back pressure and once again oscillates adjustments. Insufficient trading volume in recent days indicates that the market's confidence in doing more is still insufficient. It is expected that short-term stock indexes will continue to fluctuate around the short-term moving average. Pay close attention to the GEM. Refers to the trend, pay attention to the operation of selected individual stocks in risk control positions.
The Huaxin Securities Strategy Report pointed out that under the catalysis of no obvious bad events, A-shares are already in the turbulent market stage, ending the main decline period of the trend decline. In the short term, the small Yang line with the upper shadow line is closed. It shows that the pressure above is heavy, especially under the background of not increasing the volume, it is difficult to support the continuous strength of the index. The area of 3480-3550 points above the Shanghai stock index will be a strong resistance level in the next stage.
(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.)