On Thursday, the Shanghai and Shenzhen stock indexes both opened lower, and the market shocked and fell after the market opened.Shanghai indexFell below 3000 points,GEMThe trend was even weaker, with an intraday decline of more than 3%, which fell sharply for two consecutive trading days. In the early stage, the hotspots were greatly adjusted today. The market lacked the core hotspots. In the afternoon, the heavyweights joined the falling camp and saw a slight rebound near the closing market. As of the close, the Shanghai Composite Index fell 1.20% to close at 2996.69 points; Shenzhen Component Index fell 1.82% to close at 9471.93 points; the ChiNext fell 2.58% to close at 1650.19 points. The turnover of the two cities was 812.5 billion, which was significantly shrinking from the previous trading day.
From the perspective of the disk, the two cities only cement, steel, airport shipping, liquor, super brands, two barrels of oil, and Ganlin grass sector rose. Although the military in the afternoon has performed, the overall sector has not been linked, onlyAerospace informationOne stock rose in the afternoon, and most of the other stocks fell back. The breeding industry, Internet lottery, mobile games, computers, venture capital and other sectors were among the top losers. A large increase in the previous periodPeople's Network,Security Technology,Beibei High-tech,Eastern Net Force,Ying Fangwei, Yokogawa Abrasives,Minhe sharesWaiting for the collective down limit, further suppressing the popularity of the two cities,BrokerThe sector joined the down camp in the afternoon, further aggravating the market decline, and the venture capital sector fell by a large margin. There are only 30 stocks in the two cities, and nearly one hundred in the market.
Technically, the broader market fell below the 3000 mark today, but the space for further exploration is not large. Last week's index hit the 3129 annual line pressure level is a normal adjustment. The GEM index has risen too fast in the near future. In the short-term, it faces a staged peak risk. Individual stocks have a large increase. It is recommended to avoid excessive stocks that have risen in the previous period. It is expected that the market outlook will be dominated by convolutions, with the range between 2900 and 3150.
Summary of institutional views>>>
(Article source: Rong Wei Securities)