Sino-Singapore Jingwei Client, April 29. In early trading on the 29th, the Shanghai Stock Exchange Index opened higher and rose 0.03%, the Shenzhen Component Index rose 0.13%, and the ChiNext Index rose 0.1%.
On the disk, sectors such as food processing, gold, glass manufacturing, industrial metals, and hotels led the gains; sectors such as buses, airports, tourism, fisheries, and marketing communications led the decline.
In terms of individual stocks, 1327 individual stocks rose, among which several stocks such as CICC Irradiation, Gongda Electroacoustic, ST Shede, etc. rose by more than 5%.
2173 stocks fell, of which Sanwang Communications, ST Weiwei, Jiahengjiahua and other stocks fell more than 5%.
As of the last trading day, the Shanghai Stock Exchange’s financing balance was reported at 801.048 billion yuan, an increase of 1.264 billion yuan from the previous trading day. The securities lending balance was reported at 92.599 billion yuan, an increase of 637 million yuan from the previous trading day; the Shenzhen Stock Exchange’s financing balance was reported at 717.094 billion yuan. , An increase of 237 million yuan from the previous trading day, and the securities lending balance reported 59.915 billion yuan, a decrease of 176 million yuan from the previous trading day.
The balance of margin financing and securities lending in the two cities totaled 1,670.656 billion yuan, an increase of 1.961 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 474 million yuan, of which the net inflow of Shanghai Stock Connect is 293 million yuan, the balance of funds on the day is 51.707 billion yuan, and the net inflow of Shenzhen Stock Connect is 181 million yuan. The balance was 51.819 billion yuan; the net inflow of southbound funds was 616 million yuan, of which the Shanghai-Hong Kong Stock Connect net inflow was 616 million yuan, the balance of funds on the day was 41.384 billion yuan, the Shenzhen-Hong Kong Stock Connect net inflow was 100 million yuan, and the balance of funds on the day was 42 billion yuan.
Huajin Securities said that the market is expected to return to the shock range in May.
With the end of the performance disclosure period, the catalysis of performance on the market has gradually weakened.
Judging from the rebound in April, the market has still been unable to reach a consensus on the new main line, and the valuation risk of some sectors has not been fully released. It is expected that the market will return to the shock range.
Caixin Securities said that in the short term (before "May 1st"), it is expected that the market index lacks the motivation to further sharply rise.
However, considering that the extreme valuation divergence of A-shares has been initially eased, and the performance of most A-shares in the first quarter of 2021 is acceptable, the market index also lacks the basis for a substantial downward dip in the short term.
It is expected that before May Day, the main line of the market will still be deduced around the 2020 annual report and the 2021 quarterly report, and the index will fluctuate within a narrow range at the current point.
After May Day, as new funds gradually enter the market, the market is expected to continue to rise. We maintain our optimistic judgment on the market.
At the short-term operational level, it is recommended to pay attention to pharmaceuticals and shipping that benefit from the escalation of overseas epidemics, as well as coal and non-ferrous stocks that benefit from price increases.
(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.)