On Tuesday, the three major indexes collectively turned red. The gem index rose more than 3%. The Shanghai index opened low and fluctuated, rising slightly in the late trading. In terms of sector, the rise and fall were half and half. Medical services, semiconductors and components, education and power equipment led the increase, while scenic spot tourism, hotel catering and airport shipping led the decline.
As of the close, the Shanghai Composite Index closed at 3446.09 points, up 17.21 points, or 0.5%. The turnover was 341.6 billion. The Shenzhen composite index reported 13345.63 points, up 222.42 points, or 1.69%, with a turnover of 485.9 billion. The gem index closed at 2816.44 points, up 84.43 points, or 3.09%, with a turnover of 185 billion. In Shanghai and Shenzhen stock markets, a total of 2608 stocks rose, 2116 fell, 68 rose and 18 fell.
Future prospects of Bairui:
The index continued to fluctuate at a high level in the afternoon, and the gem index rose by more than 3%. Semiconductor and components, national defense and military industry, pharmaceutical stocks and other sectors were active, Wuxi Apptec Co.Ltd(603259) hit the daily limit, and the education sector led the increase, Dalian My Gym Education Technology Co.Ltd(002621) , Shanghai Xinnanyang Only Education & Technology Co.Ltd(600661) closed the daily limit; Airport shipping and real estate development sectors fell, while scenic spots and tourism sectors led the decline throughout the day. Individual stocks rose and fell by half, and there were nearly 70 trading stocks, with a strong profit-making effect.
Technically, the index of bottom reading and top escaping of the Shanghai stock index showed signs of turning red in 15 minutes, but the large time-sharing level still maintained the green column operation. The overall long short conversion of the market has not been formed. In the later stage, it depends on whether the daily index can show a clear signal of stabilization.
Strategically, the market contraction rebounded, indicating that the kinetic energy of disk upside and long is not very sufficient, and the possibility of repeated seesaw game in the later stage is greater. The process of second shock bottoming needs to be further observed. In terms of operation, we should not rush to catch up for the time being, and continue to maintain the original rhythm to avoid chasing up and killing down.
