Today, the Shanghai stock market to maintain a narrow range pattern, in the 10 day moving average to stabilize. Plate, environmental protection, chips, rental the same rights, smart TV and other plate among the biggest gainers in the afternoon, the concept of healthy Chinese stocks broke out, LG gold stocks daily limit. Paper, aviation, steel and other plate decline among the top. As of press time, stock index rose 0.19%; GEM refers to up 0.06%.
Today, brokerage morning meeting, analysts said the arrival of important events window, the broader market shocks rise.
The buyer short-term partial caution, one after the market there is no need to maintain stability, the plate has no cheap to start the subject, this year's income institutions also need to gradually cash profits. Second, the economy is expected to bring liquidity tension, the recent long-term interest rate rise in the stock market valuation expansion. Cycle prices are expected or very full, or very confusing, the implementation of aluminum production is likely to not like the seller and the experts described so serious. Near the quarterly period to avoid performance difficult to honor the growth stocks. Optimistic about the valuation of a reasonable consumer goods sector, consumer upgrades brought a huge endogenous space.
The main plate index fell below the 5 day moving average, fell with the market turnover to enlarge, reaching 540 billion yuan, higher than the average daily turnover last week, short-term callback has increased the risk. Industry, the banking sector as a role in retaining the disk, closing up 0.93%, in addition to only color steel, steel red; computer, media, electrical equipment, a larger decline. On the subject, the strong concept of the early plate, such as 5G, rent the same rights, large data index are a large callback; with the fourth quarter to increase the agricultural supply side of the reform to promote the expected biological breeding theme slightly red. Configuration style, we believe that in the current special point, combined with the market environment and historical experience, still recommended defensive, value direction.
Cycle industry, high growth continued, concerned about the necessary consumption and TMT boom recovery. From the industry point of view, the cyclical industry net profit is still high growth, excluding the major reorganization of the past year, after the disclosure of performance has been notice from the company, steel, transportation, machinery and equipment, real estate, chemical and other cyclical industry profits Growth continues to prevail, and the report continued to improve. Among them, the steel industry to disclose the proportion of corporate income has been more than half; machinery and equipment, chemical and other enterprises to disclose more than half; representative is relatively strong. Non-ferrous metals, although still maintain high profit growth, but the marginal decline. Large consumer sector, the higher representative and profit growth to enhance the industry mainly include commercial trade, textile and garment, pharmaceutical and other necessary consumer goods. Segmentation, general retail, chemical pharmaceutical, clothing, home textiles, medical equipment and other sub-sectors boom for two consecutive quarters of recovery. TMT industry, electronics, computer performance growth gradually pick up. Among them, the electronics industry is mainly driven by optical optoelectronics and other electronics; computer industry, the boom of the equipment to pick up more obvious.
The internal factors continue to improve, the RMB exchange rate is expected to remain stable, internal and external factors resonance, is conducive to A shares continue to expand space. Whether it is the stock market under the A shares operating characteristics, or in the history of the broader market elastic space estimates, 3410 is not the high point this year. We believe that the regular operation of the window time of the A shares of the law is changing, the reverse thinking of the new operation under the law is taking place, that is, during the meeting period is expected to become a rare investment window. Operation, the light index, heavy stocks, balanced configuration, focusing on blue-chip, bargain-hunting brokerage, state reform, high-end equipment manufacturing and the bottom of low-cost blue chips, rallies holdings of early gains and outstanding losses.