Sino-Singapore Jingwei Client, May 24. On Monday, the three major A-share indexes fluctuated within a narrow range. During the session, the brokerage sector raised the index twice, the liquor sector continued to lead the rise, and the cyclical stocks such as steel and coal fell.
Liquor, paper, securities, and domestic software sectors were among the top gainers, while auto, steel, vaccine, and photovoltaic sectors were among the top decliners.
Time-sharing chart of the Shanghai Stock Exchange Index.
Source: Wind
As of midday's close, the Shanghai Composite Index rose 0.16% to 3492.04 points, with a turnover of 234.7 billion yuan; the Shenzhen Component Index rose 0.28% to 14457.92 points, an increase of 301.3 billion yuan; the Growth Enterprise Market Index rose 0.62% to 313.26 points, an increase of 103.2 billion yuan.
On the disk, sectors such as forestry, brokerage, computer equipment, agribusiness, and papermaking led the gains; sectors such as livestock and poultry breeding, automobiles, shipping, iron and steel II, and biological products were among the top decliners.
In terms of concept stocks, rice wine, domestic software, electronic invoices, securities companies, and Xi’an Free Trade Zone were among the top gainers, while pork, BDI, market stall economy, automobiles, and shipping were among the top losers.
The brokerage sector performed strongly, raising the index twice during the session. China Galaxy rose to the daily limit, Caida Securities approached the daily limit, and CICC and China Everbright Securities followed up sharply.
In addition, the liquor index rose the most, with Yilite and Laobaigan liquor daily limit, highland barley liquor, Changyu A, Golden Seed Liquor, Jinhui Liquor, Shede Liquor and other stocks rose sharply.
The steel and coal sectors are weak. On the news, the National Development and Reform Commission and other five departments have jointly interviewed key companies with strong market influence in the iron ore, steel, copper, and aluminum industries, and required relevant key companies to increase their positions. Establish awareness of the overall situation, actively perform social responsibilities, promote the coordinated development of upstream and downstream industries, and maintain a good industry ecology; strengthen legal awareness, operate in an orderly manner in accordance with laws and regulations, take the lead in maintaining the order of commodity market prices, and must not collude with each other to manipulate market prices, fabricate and spread Information on price increases should not be hoarded and prices should not be hoarded.
In terms of individual stocks, 2566 stocks rose, of which Caixun shares, Kuaijishan, Chutianlong and other stocks rose by more than 5%.
1563 stocks fell, of which Kangtai Bio, Ji Pharmaceutical Holdings, Shenglong shares and other stocks fell more than 5%.
In terms of turnover rate, a total of 23 stocks had a turnover rate of more than 20%, of which Caida Securities had the highest turnover rate, reaching 71.06%.
In terms of capital flow, the top five major flows of industry sectors are securities firms, beverage manufacturing, electricity, computer applications, and biological products, and the top five flows of securities firms, electricity, beverage manufacturing, biological products, and automobiles.
The top five stocks with major inflows are Caida Securities, Changchun High-tech, Muyuan, Huayin Power, and Great Wall of China. The top five stocks with outflows are Caida Securities, Changchun High-tech, Muyuan, Rongyu Group, and Longping High-tech. .
The top five conceptual themes of major inflows are refinancing securities, margin financing and securities lending, MSCI concepts, Shenzhen Stock Connect, and Shanghai Stock Connect. The top five conceptual themes for outflows are refinancing securities subject matter, margin financing and securities lending, and MSCI concepts. , Shenzhen Stock Connect, Shanghai Stock Connect.
As of the last trading day, the Shanghai Stock Exchange’s financing balance was 810.67 billion yuan, a decrease of 792 million yuan from the previous trading day, and the securities lending balance was 93.52 billion yuan, a decrease of 844 million yuan from the previous trading day; the Shenzhen Stock Exchange’s financing balance was 728.479 billion yuan. , An increase of 137 million yuan from the previous trading day, and the securities lending balance reported 58.233 billion yuan, a decrease of 964 million yuan from the previous trading day.
The balance of margin financing and securities lending in the two cities totaled 1,690.903 billion yuan, a decrease of 2.462 billion yuan from the previous trading day.
From the perspective of the north-south capital flow of Shanghai-Shenzhen-Hong Kong Stock Connect, as of press time, the net inflow of northbound capital is 1.328 billion yuan, of which the net inflow of Shanghai Stock Connect is 271 million yuan, the balance of funds on the day is 51.729 billion yuan, and the net inflow of Shenzhen Stock Connect is 1.057 billion yuan. The balance was 50.943 billion yuan; the net inflow of southbound funds was 1.614 billion yuan, of which the Shanghai-Hong Kong Stock Connect net inflow was 490 million yuan, the day’s fund balance was 41.51 billion yuan, the Shenzhen-Hong Kong Stock Connect net inflow was 1.124 billion yuan, and the day’s fund balance was 40.876 billion yuan.
Aijian Securities believes that, on the whole, the market's turbulence has not been broken, but the market's activity has been maintained and trading opportunities have not diminished.
The overseas market is divided but the market structure has not changed, and the game of stock funds in the domestic market continues.
The market is still dominated by thematic trading opportunities.
Inflation expectations and concerns about tightening liquidity are the main factors affecting the global market, but at present it is more of a psychological impact. The economic recovery data still needs time to verify, so the pattern of market turbulence will continue.
Bohai Securities said that at present, the overall monetary policy is still loose.
At the same time, with the supply side ushering in regulation and the demand side without significant incremental changes, it is expected that the cyclical sector will face adjustment pressure in stages, and investors can return to equilibrium in allocation.
In terms of industry configuration, in addition to focusing on defensive sectors with low valuations and low sentiments, which are dominated by computer, communications, banking, real estate, and transportation sectors, it can also focus on the "domestic cycle" and choose opportunities to include chips, smart driving and other fields. The technology sector, as well as the carbon neutral, military and other sectors.
(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.)