This week, the Xinhua 500 index (989001) fluctuated downward. As of the closing on the 24th, the Xinhua 500 index reported 5444.04 points, down 0.56% this week, with a total turnover of 1.86 trillion yuan.
The picture shows the daily K-line chart of Xinhua 500 index (989001)
The three major A-share indexes fluctuated and adjusted this week. The Shanghai index held 3600 points and the gem index fell below 3300 points. On the whole, the performance of Shanghai stock market was stronger than that of Shenzhen stock market.
From the perspective of disk performance, the hot topics in the market are scattered, the chicken and pork, pet economy, PCB and GM rise in turn, and the concepts of new energy vehicles such as solid-state batteries and lithium extraction from salt lakes fall back. Among the 28 primary industries in Shenwan, agriculture, forestry, animal husbandry and fishery, food and beverage, construction materials and other industries led the increase, while power equipment, non-ferrous metals, steel and other industries led the decrease.
Compared with the previous week, the market trading sentiment has cooled this week, and the average daily turnover of Shanghai and Shenzhen markets shrank to 1086 billion yuan during the week. After the slowdown of inflow last week, the northward capital turned into net inflow this week, with a cumulative net sales of about 1.2 billion yuan.
It is worth noting that on December 17, the CSRC publicly solicited opinions on Amending the provisions on the trading interconnection mechanism between the mainland and Hong Kong stock markets, and made it clear that Hong Kong brokers should no longer open the trading authority of Shanghai and Shenzhen Stock connect for mainland investors. The industry believes that the CSRC strictly controls “fake foreign capital” this time, which makes the import and export of northward funds more valuable for reference in the future, and is conducive to the smooth operation and development of Shanghai Shenzhen Hong Kong stock connect.
Recently, the consumption sector represented by food and beverage has performed well. China Industrial Securities Co.Ltd(601377) strategic analyst Yang Zhenyu believes that this is due to the performance of the consumer industry in the peak season at the end of the year, and after the early valuation adjustment, the consumer sector has the space for upward valuation repair. In addition, the previous continuous rise in commodity prices led to a significant rise in the cost of raw materials, enabling consumer enterprises to raise prices, which helped to promote the rise of the consumer sector.
The figure shows the weight of various industries of Xinhua 500 index (989001)
The Xinhua 500 index is released by the national financial information platform “Xinhua Finance” and operated and maintained by Xinhua index (Beijing) Co., Ltd. the index measures the price level of major large and medium market capitalization stocks of a shares. At present, the market value coverage of Xinhua 500 index exceeds 64%, maintaining a high market representation, which can effectively track the transformation and upgrading process of China’s economic structure.
(Xinhua Finance)
