The two markets bottomed out and rebounded: the Shanghai stock index closed up 0.27%, and coal stocks lifted their daily limit

　　Sino-Singapore Jingwei Client, May 10th. On Monday, the A shares traded sideways, and the "coal flying color dance" reappeared.

The Shanghai Composite Index closed up 0.27%, and the ChiNext Index rose 0.39%.

Coal, nonferrous metals, and steel led the way; finance, semiconductors, liquor, and pork weakened.

　　Source: Wind

　　As of the close, the Shanghai Index reported 3427999 points, an increase of 0.27%, with a turnover of 399.718 billion yuan; the Shenzhen Component Index reported 13917.97 points, a decrease of 0.11%, with a turnover of 455.282 billion yuan; the ChiNext Index reported 2921.72 points, an increase of 0.39%.

　　On the disk, aviation, construction machinery, household goods, public transportation, and telecommunications operations led the decline; coal, non-ferrous metals, steel, petroleum, and electricity rose strongly.

　　Aviation stocks led the decline and fell 1.47%. Among them, Xinyan, Guanglian Airlines, Weihai Guangtai, Chenxi Airlines, and AVIC Shenfei bucked the market; Refining Aviation fell more than 5%, Hangya Technology, AVIC Electronics, and Hangfa Motivation and so on weakened.

　　Coal stocks rose again late in the trading session, closing up more than 6%. In terms of individual stocks, 7 stocks including Kailuan Co., Shanxi Coking Coal, and Xinji Energy had their daily limit; Shaanxi Black Cat once hit the three-link board, and Shanxi Coking and Pingmei stocks rose. Potential expansion.

　　In the concept sector, scarce resources, combustible ice, special steel, digital currency, and shale gas rose sharply; pork, insect pest control, automotive electronics, gallium nitride, and medical waste treatment topped the decline.

　　The pork concept closed down 1.31%, leading the decline in the concept sector.

Among them, Delis bucked the market's daily limit; Tianbang shares approached the limit, Muyuan shares' decline expanded to nearly 6%, and Shuanghui Development, New Hope, Wen's shares, and Zhengbang Technology followed the decline.

In addition, New Hope has fallen by more than 60% since its 2020 high of 42.2 yuan per share.

　　Overall, a total of 2,208 stocks in the two cities rose, including Jinkong Coal, Funeng shares, Pangang Vanadium Titanium and other stocks rose by more than 5%.

1925 stocks fell, of which ST Fangke, ST Xingyuan, ST Longyun and other stocks fell more than 5%.

　　In terms of turnover rate, a total of 48 stocks have a turnover rate of more than 20%. Among them, Zhongzhou Special Materials has the highest turnover rate, reaching 53.64%.

　　Regarding the recent market trends, Guosheng Securities Research reported that although there were only two trading days last week, the market fell continuously.

At the moment, investors have doubts about the sustainability of the market rebound, but the market is likely to rebound. However, judging from the current trends of CSI 300 and SSE 50, this rebound is likely to be a weak rebound.

　　CICC believes that this round of "mid-term adjustments" in the A-share market starting on February 18 may be at the end.

Although the short-term market style has changed to some extent, combined with the annual report and the quarterly report, the performance has maintained a partial high boom. It is judged that the market has gradually entered a relatively flat range of shock trading, rather than a unilateral callback. Don't be overly pessimistic about the market's mid-term prospects.

(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.)