The three major stock indexes of Shanghai and Shenzhen stocks opened slightly lower yesterday
The weighting sectors such as home appliances, food and beverage, banking and insurance continued to weaken and dragged down the index. On Wednesday, active rare earths, seed industry and other recent strong stocks also weakened across the board, and the index maintained a volatile pattern. Subsequently, the index oscillated upwards in the defense industry, mining and power sectors, but it fell back and failed to turn red. It was stimulated by the relevant state departments to modify the plastic limit, and the concept of degradable plastics was active. Silver Jubilee Technology and the new open source limit.
At the close, the Shanghai Composite Index closed down 0.25% to 2,904 points; Shenzhen Component Index fell 0.35% to 9,774 points, and the GEM index fell 0.38% to 1,713 points. The contracted volume of the two cities was 361 billion yuan (RMB, the same below), which was more than 60 billion yuan compared with the same period of the previous day; the net inflow of funds to the north was 630 million yuan, which was a net inflow for 6 consecutive days.
Oversold cycle stocks are now rebounding
On the face of the disk, the military sector has a strong performance throughout the day; the power sector is more active; it is worth mentioning that some of the recent oversold cycle stocks have rebounded, the coal sector rebounded yesterday, and the papermaking sector also performed. In addition, the oil, sea and steel sectors also maintained a red plate. In terms of subject matter, the theme of wireless headphones has been re-adjusted; the concept of cloud games has been further differentiated. There was a day of parade in the strong rare earth plate on Wednesday. The big financial and big consumer sectors were all in a downturn, while the home appliances and insurance sectors were among the top losers. The pharmaceutical, liquor and civil aviation sectors also experienced a downturn.
The board shows that the independent trend is obvious
Overall, we mentioned in the strategy of Wednesday that the performance of the three major indices is characterized by a weak and strong Shanghai stock market. The trend of the GEM index is not the same as the rhythm of the main board. The different rhythms of the trend of the GEM and the main board provide an observational perspective. If the trend of the GEM is stronger, it will provide more opportunities for participation. Judging from yesterday’s market feedback, the signs of the GEM index’s independent market are becoming more and more obvious. The main board is still the first to turn the GEM index in the process of rebounding. When the main board fluctuates, the GEM index will not fall much. The trend of the weekly and monthly lines of the GEM is also a testament to this trend.
For the market outlook, it is still a normal trend according to the current trend. Although the operation difficulty is increased, the short-term market retreat also brings space and time to the market. Aside from the index selection of individual stocks, it is the best under the current defensive market. Strategy. In the short-term, the focus will be on the trend of the ChiNext, and the small-scale oversold rebound opportunity in the game.