29 early trading, the stock indexes of the two markets opened high and closed high, and made great efforts to pull up during the session. The Shanghai Composite Index once rose about 1%, and the ChiNext Index rose nearly 2%; but then the Shanghai Composite Index narrowed rapidly under the drag of real estate, brewing, finance and other sectors.
As of the midday closing, the Shanghai Composite Index rose 0.27% to 3053.33 points, the Shenzhen Component Index rose 0.55%, and the ChiNext Index rose 1.01%; the two markets had a total turnover of 372 billion yuan, and northbound funds had net purchases of 2.846 billion yuan.
On the market, the health care and pharmaceutical sectors rose strongly, while coal, nonferrous metals, semiconductors, chemicals and other sectors all strengthened. Themes such as lithium ore , CXO concept, new crown concept and other themes were active; tourism, real estate, brewing, finance and other sectors fell;
Guosheng Securities pointed out that after continuous adjustments, the current market stage is already in the bottom area, the fundamentals and policies are relatively stable, and the market may be expected to usher in a phase rebound. Of course, under the sluggish market transactions before the long holiday and the strong wait-and-see sentiment, the market is difficult to strengthen quickly, and more so the expectations are fluctuating. In terms of operation, given the positive expectations of the market after the National Day, you can pay appropriate attention to the left-side trading of the market and make low-buy allocations in batches before the festival. In terms of opportunities, the value sector will still have a basis for continued rise. With relatively sufficient adjustments and performance boosts, growth sectors may have a demand for recovery, and balanced allocation can be considered as a whole.
Shanxi Securities said that since July, A shares have fluctuated downward, and has given up half of the increase. The proportion of transaction volume and index valuation are both at historical lows, and the advantage of cost-effectiveness has begun to gradually highlight the allocation. Looking back, overseas uncertainty and the expectation of interest rate hikes in may still impact market sentiment again. However, overall, after the concentrated vent of pessimistic expectations in the third quarter, with the signs of recovery of domestic economic fundamentals in the fourth quarter, the layout window of A-shares is opening, and the track with high prosperity logic that is expected to continue the high prosperity logic + industries with greater elasticity in fundamental repair are expected to achieve better performance.
Original title: Noon review: The Shanghai Composite Index fluctuates and rises 0.27%, pharmaceutical stocks rise strongly, real estate, finance and other sectors weaken
Source: Securities Times Network
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-