Sino-Singapore Jingwei Client, August 20. On Friday (20th), the three major A-share indexes went down unilaterally, and the decline in late trading narrowed. The index fell by more than 2%.
Major consumptions in medicine, medical care, liquor, food and beverages fell sharply throughout the day; the brokerage sector continued to be active, and the machine tool manufacturing sector bucked the trend. Lithium battery and lithium mining stocks rebounded in the afternoon, organic silicon and wind energy trended strong, building materials and steel rose during the session .
Northbound funds once again sold a substantial net sales of 10.816 billion yuan throughout the day, and net sales exceeded tens of billions for two consecutive days.
The turnover of the two cities is about 1.2 trillion yuan, with nearly 2,800 stocks floating green.
Screenshot source: Flush iFinD
The Shanghai Composite Index fell 1.10% to 3,27.33 points, a cumulative decline of 2.53% this week.
The Shenzhen Component Index fell 1.61% to 14253.53 points, a 3.69% drop this week.
The Growth Enterprise Market Index fell 2.61% to 3192.90 points, a cumulative drop of 4.55% this week.
On the disk, mineral products, general machinery, and building materials were among the top gainers, and healthcare, wine, and medicine were among the top decliners.
Pharmaceutical stocks fell sharply, Hengrui Pharmaceuticals, SINBON Pharmaceuticals fell by the limit, Pien Tze Huang, Tiger Pharmaceuticals, etc. fell sharply.
Liquor stocks continued to fall, Jiuguijiu dropped its limit, Shanxi Fenjiu, Luzhou Laojiao, Wuliangye, Yanghe shares fell sharply, and Kweichow Moutai fell more than 4%.
As of the close, the ratio of all trading stocks in Shanghai and Shenzhen stocks was 1520:2797, with 60 daily limit and 19 daily limit.
In terms of northbound funds, the net outflow of northbound funds exceeded 7.1 billion yuan throughout the day, of which the outflow of Shanghai Stock Connect exceeded 4.6 billion, and the outflow of Shenzhen Stock Connect exceeded 2.4 billion.
In terms of individual stocks, today's daily limit shares are as follows: Salt Lake (9.99%), Costa (9.99%), Xin'an (10.02%), Shengtong (9.95%), Hesheng Silicon (10.00%).
The lower limit shares are as follows: Hangzhou Thermal Power (-9.99%), George White (-10.00%), International Medical (-9.96%), Wandong Medical (-10.02%), Kehua Holdings (-9.97%).
The top five stocks with turnover rate are: China Telecom, Valin Cable, Golden Eagle Heavy Industry, LinkTech, and Reader Culture, which are 67.138%, 60.905%, 55.473%, 51.510%, and 41.435%, respectively.
Aijian Securities pointed out that last week's stock index volatility rebounded step by step and regained the short-term and medium-term moving averages. The daily trading volume remained above one trillion yuan, indicating that the market has stabilized after a rapid panic in the early period.
This week, the stock index fluctuated and consolidated. On Tuesday, the stock index saw a unilateral decline and the trading volume increased significantly, indicating that the market long and short divergence increased, and the market risk aversion sentiment rose. The stock index rebounded on Wednesday and oscillated on Thursday. Below, it shows that the short side of the market still has an advantage. It is expected that the short-term stock index may still test the annual line support. Pay close attention to the trend of the ChiNext index, and focus on individual stocks and light index holdings to select individual stocks.
(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.)