Sino-Singapore Jingwei, October 29. On the last trading day of October, the two markets rose in the afternoon. The ChiNext Index rose more than 2%, and the Science and Technology 50 Index rose nearly 3%.
The new energy sector rose again in the afternoon, with active topics such as food, chips, and military industry, and the meta-universe concept stocks strengthened sharply.
Individual stocks showed a general upswing pattern, with nearly 3,500 individual stocks rising.
Source: Flush iFinD
As of the close, the Shanghai Composite Index rose 0.82% to 3,547.34 points.
The Shenzhen Component Index rose 1.45% to 14,451.38 points.
The GEM index rose 2.21% to 3,350.67 points.
In October, the Shanghai Composite Index fell 0.58%; the Shenzhen Component Index rose 0.99%; the ChiNext Index rose 3.27%.
On the disk, the semiconductor, food, and meta-universe sectors rose sharply, the photovoltaic and new energy sectors recovered in the afternoon, and the insurance and coal sectors were in a downturn throughout the day.
The new energy sector, which made up for the decline in the early trading, rose again in the afternoon. Longi shares hit the daily limit, with a turnover exceeding 20 billion yuan; Ningde Times’ stock price hit a record high again, and the intraday market value exceeded 1.5 trillion yuan for the first time.
Several popular stocks such as Hubei Yihua and Dajin Heavy Industry reached new highs.
In addition, the new shares that broke at the opening, Shenzhen City Settlement, fell nearly 8%, and the second new stock Qingdao Foods staged a "ground board".
In terms of northbound funds, the net inflow of northbound funds exceeded 9.7 billion yuan throughout the day, of which the inflow of Shanghai Stock Connect exceeded 5.3 billion, and the inflow of Shenzhen Stock Connect exceeded 4.4 billion.
In terms of individual stocks, the daily limit shares are as follows: Daikin Heavy Industries (10.00%), Yilijie Energy (10.00%), Jiawei New Energy (20.05%), Zhongqingbao (20.02%), Wenshan Power (10.01%).
The lower limit shares are as follows: Dingsheng New Materials (-10.00%), Zhongbei Telecommunications (-9.99%), China Railway Group (-9.96%), Sunshine City (-10.06%), Aimer Group (-10.00%).
The top five stocks with turnover rate are: Qingdao Food, Tuoxin Pharmaceutical, Shuyu Pingmen, Jiusheng Electric, and Xiaoming shares, which are 65.346%, 54.418%, 53.690%, 52.843%, and 45.990%, respectively.
According to the Northeast Securities Research Report, due to the end of the financial report and the high probability of the Fed’s Taper landing on November 4, the price of superimposed commodity futures such as coal futures will fall at the current rate, and within 2-3 trading days will roughly fall to coal including freight. Price limit level; At that time, the market's profit was exhausted, and the oversold rebound driven by market sentiment repair is expected to unfold.
According to the analysis of the Centaline Securities Research Report, overall, the pattern of the Shanghai Stock Index around the 3550-point range will not change easily, and the long-term investment value of the A-share market is still solid. It is recommended to pay attention to changes in policy and capital.
It is expected that the Shanghai Stock Index is likely to consolidate slightly in the short-term, and the ChiNext market is likely to fluctuate slightly in the short-term.
Investors are advised to wait and see in the short-term and continue to pay attention to investment opportunities in low-valued blue chip stocks in the mid-term.
(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.)