Sino-Singapore Jingwei, November 10th. On Wednesday, the three major A-share stock indexes opened lower and moved lower. They rebounded slightly near the midday close, and individual stocks fell more and rose less.
On the disk, the new energy vehicle industry chain has undergone substantial adjustments, coal and power stocks are also in a downturn, and the meta-universe concept stocks continue to be active.
Net sales of northbound funds are about 8 billion yuan.
Source: Flush iFinD
As of the noon close, the Shanghai Composite Index fell 1.20% to 3,464.80 points.
The Shenzhen Component Index fell 1.23% to 14,393.24 points.
The GEM index fell 1.35% to 3,363.83 points.
On the disk, major industry sectors fell across the board. The Internet, semiconductors, components, and diversified financial sectors rose slightly, while cyclical sectors such as coal, non-ferrous metals, power, and steel fell. Metaverse concepts and cloud gaming sectors bucked the market and rose.
Up to now, the ratio of all trading stocks in Shanghai and Shenzhen stocks is 1575:2808. There are 37 daily limit and 1 down limit.
In terms of northbound funds, the net outflow of northbound funds in the morning exceeded 7.6 billion yuan, of which the outflow of Shanghai Stock Connect exceeded 3.7 billion yuan, and the outflow of Shenzhen Stock Connect exceeded 3.8 billion yuan.
In terms of individual stocks, the current daily limit shares are as follows: Baose (20.00%), Liyuan Information (19.97%), Chinese Online (20.00%), Ningbo Jingda (9.97%), and Palmyue Technology (10.00%).
The top five stocks with turnover rate are: Juyi Technology, Qiangrui Technology, Longhua New Materials, Tuoxin Pharmaceutical, and Lutian Machinery, which are respectively 60.401%, 50.525%, 49.893%, 48.715%, and 33.387%.
Tianfeng Securities Research Report believes that overall, downstream inventories have increased during the replenishment period, and it is expected to cope with the peak period of coal consumption to a certain extent.
However, supply growth is limited, and demand will continue to grow at a high rate. It is expected that coal supply and demand will remain tightly balanced in the fourth quarter to support the high coal price operation.
In the medium and long term, coal companies will enter a period of stable performance.
According to the analysis of the Centaline Securities Research Report, due to the frequent switching of current market hot spots and the strong willingness of over-the-counter funds to hold the currency and wait and see, the characteristics of the stock game between the two markets remain the same, and all parties in the market are waiting for the change of the market.
Whether the stock index can break through the market in the future still needs external boost. It is recommended to pay close attention to changes in policy and capital.
It is expected that the Shanghai Stock Index is more likely to consolidate in the short-term, and the ChiNext market is likely to rise slightly in the short-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.)