Sino-Singapore Jingwei, October 8th. On October 8, the three major indexes collectively opened higher.
The Shanghai Composite Index rose 1.15% to 3,609.09 points, the Shenzhen Component Index rose 1.04% to 14,457.94 points, and the ChiNext Index rose 0.46% to 3,259.46 points.
Source: Wind
The oil and gas exploration and services, combustible ice, and shale gas sectors led the two cities, while the biological products, biological vaccines, and food processing and manufacturing sectors led the decline.
The ratio of all trading stocks in Shanghai and Shenzhen stocks was 3591:388, with 13 stocks trading at a daily limit and 1 stock trading at a daily limit.
As of September 30, the margin of margin trading in Shanghai and Shenzhen stocks was 1.84 trillion yuan.
The balance of financing on that day was 1.69 trillion yuan, a decrease of 20.107 billion yuan from the previous trading day; the balance of securities lending that day was 156.183 billion yuan, a decrease of 1.038 billion yuan from the previous trading day.
In terms of individual stocks, the daily limit shares during the call auction period are as follows: Guodian Nanzi (10.05%), Jiangnan Water (10.00%), Xinsai shares (9.95%), China Fortune (9.97%), and Huaertai (10.02%).
According to Caixin Securities' analysis, my country's macroeconomic policy will be "self-centered."
In the fourth quarter, it is expected that the domestic monetary policy will be easy to loose but difficult to tighten, liquidity will remain reasonably abundant, and the A-share market will be more resilient.
Shenwan Hongyuan expects that A shares will fluctuate widely in the fourth quarter, and cost-effective analysis is an effective way to judge the staged top and bottom.
After adjustments since mid-September, the price-performance ratio in the short-term market has improved. There is no need to be too pessimistic. There is still something to be done for the selection structure.
CITIC Securities believes that in October, fundamental expectations and relative valuations were both at a low level of value rise, and the market started in the fourth quarter.
After the effect of policy coordination appears, it is expected that the market’s pessimistic expectations for the economy will improve significantly. The economic margin in the fourth quarter will be better than that in the third quarter. This is the cornerstone of the A-share market at the end of the year. Domestic macro-liquidity will continue to remain reasonable and abundant. The warehouse effect drives the transfer of funds to low value, and the value of the allocation of sectors with low fundamental expectations and relative valuations is higher.
(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.)