Sino-Singapore Jingwei Client, September 14th. On Tuesday, the three major A-share indexes opened up and down, and the Shanghai Index opened slightly lower.
The coal, semiconductor, and metal sectors were adjusted, and the phosphorus chemical, soda ash, and power stocks were active.
Among them, the coal sector led the decline in industry sectors, with precious metals, base metals, steel and other sectors leading the decline; gas, energy equipment, oil and gas, ports and other sectors were leading the rise.
As of the opening, the three major indexes were mixed.
The Shanghai Composite Index fell 0.15% to 3,709.63 points, the Shenzhen Component Index fell 0.04% to 14,699.22 points, and the ChiNext Index rose 0.16% to 3,19.41 points.
The ratio of all trading stocks in Shanghai and Shenzhen stocks was 1627:1879, with 16 stocks trading at a daily limit and 6 stocks trading at a daily limit.
As of September 13, the margin of margin trading in Shanghai and Shenzhen stocks was 1.93 trillion yuan.
The balance of financing on the day was 1.75 trillion yuan, an increase of 11.232 billion yuan from the previous trading day; the balance of securities lending on the day was 173.226 billion yuan, a decrease of 632 million yuan from the previous trading day.
In terms of individual stocks, the daily limit shares during the call auction period are as follows: Yuneng Holdings (9.99%), Guangyu Development (9.95%), Jizhong Energy (9.97%), Sichuan Meifeng (10.05%), Guidong Electric Power (10.02%) .
The lower limit shares are as follows: Tianyin Holdings (-10.00%), Leon Micro (-10.00%), Changgao Group (-9.94%), Bangjie (-10.03%).
Caixin Securities believes that there is no shortage of money in the current market. Even if the external market adjusts, it is expected that the adjustment range of A shares will be relatively limited.
Considering that the current valuations of track stocks and consumer stocks have far exceeded those of other sectors, referring to historical laws, there is an inherent motivation for convergence in valuation differentiation between sectors.
In the medium term, we continue to be optimistic that the Shanghai Stock Exchange Index will reach new highs during the year. In the next quarter, it is recommended to allocate financial and countercyclical sectors, especially securities firms and the infrastructure industry chain, such as construction materials and construction machinery.
(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.)