Sino-Singapore Jingwei Client, March 24. On Wednesday, the A-share market continued its downward trend.
The three major stock indexes opened lower, pulled up slightly after the opening, turned red for a time, and then oscillated and fell to a collective decline of more than 1%.
On the disk, wine-making and environmental protection sectors bucked the trend and strengthened, while non-ferrous metals and steel sectors continued to fall.
In terms of individual stocks, 1325 individual stocks rose, including ST Yushun, ST Huke, Hongsheng shares and other stocks rose more than 5%.
2742 stocks fell, of which Shengde Xintai, China Aluminum, Ganhua Science and Technology and other stocks fell more than 5%.
In terms of turnover rate, a total of 65 stocks have a turnover rate of more than 20%. Among them, Huaqi Environmental Protection has the highest turnover rate, reaching 78.95%.
As of the last trading day, the Shanghai Stock Exchange’s financing balance was reported at 797.83 billion yuan, a decrease of 1.251 billion yuan from the previous trading day, and the securities lending balance was reported at 86.982 billion yuan, a decrease of 777 million yuan from the previous trading day; the Shenzhen Stock Exchange’s financing balance was reported at 713.519 billion yuan. , A decrease of 138 million yuan from the previous trading day, and the securities lending balance reported 55.594 billion yuan, a decrease of 464 million yuan from the previous trading day.
The balance of margin financing and securities lending in the two cities totaled 1,653.925 billion yuan, a decrease of 2.631 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 capital is 7.189 billion yuan, of which the net inflow of Shanghai Stock Connect is 6.527 billion yuan, the balance of funds on the day is 45.473 billion yuan, and the net inflow of Shenzhen Stock Connect is 662 million yuan. The balance was 51.338 billion yuan; the net outflow of southbound funds was 2.91 billion yuan, of which the Shanghai-Hong Kong Stock Connect net outflow was 2.696 billion yuan, the day's fund balance was 44.696 billion yuan, the Shenzhen-Hong Kong Stock Connect net outflow was 214 million yuan, and the day's fund balance was 42.214 billion yuan.
Industry sector decline list
On the disk, industry sectors rose less and fell more, with winemaking, environmental protection, electricity, gas and heating, water, and securities sectors leading the rise; non-ferrous metals, semiconductors, steel, hotel and catering, transportation services, chemical fiber, building materials and other sectors fell the most before.
Winemaking sector stocks gainers list
The winemaking sector has moved up. Northeast Securities believes that after the recent adjustments in the liquor sector, the valuation has returned to a more reasonable level, and the value of allocation has gradually become prominent.
Guojin Securities said that the recent adjustments in the liquor sector are mainly due to the impact of capital and emotions, and the fundamentals are still strong.
Conceptual sector decline list
Most of the conceptual sectors fell, with carbon trading, medical waste treatment, decorative gardening, wind-sand control, and geothermal energy gaining the highest gains; special steel, gallium nitride, glyphosate, phosphorus concepts, polyurethane, and silicone were the leading losers.
Looking ahead, Western Securities believes that the A-share market will continue to fluctuate in the short term, and structural differentiation will continue.
The fundamentals of the white horse stocks that have fallen recently have not changed significantly. In the long run, these high-quality assets and scarce assets with strong performance are still the main allocation directions. The short-term decline and fall as a periodical adjustment caused by liquidity has caused its valuation to fall. To be more reasonable.
The China Post Securities Strategy Report stated that the market will continue to fluctuate and the rebound will be weaker, but there are still structural opportunities.
From the perspective of liquidity, the recent liquidity pressure is not great, and the SHIBOR interest rate fluctuates at a normal level. From the perspective of market valuation, the overall valuation of the two cities is still in a reasonable range. With the current platform technical support, the market downside risk is controllable .
In terms of investment recommendations, it is recommended to pay attention to sectors with valuation advantages during the adjustment period.
(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.)