On Tuesday, the three major indexes continued to fall collectively. The gem index fell 2.5%, leading the three major indexes. The Shanghai index opened lower and continued to decline in the afternoon, failing to hold 3600 points. In terms of plate, it rose less and fell more. Small household appliances, petroleum processing, agricultural services, media, etc. led the increase. Traditional Chinese medicine, new metal materials, national defense and military industry, and electric power led the decline.
As of the close, the Shanghai Composite Index closed at 3595.18 points, down 37.15 points, or 1.02%. The turnover is 539 billion yuan. The Shenzhen Component Index closed at 14525.76 points, down 265.55 points, or 1.8%, with a turnover of 766.2 billion. The gem index closed at 3161.51 points, down 88.65 points, or 2.73%, with a turnover of 297.1 billion. In Shanghai and Shenzhen stock markets, a total of 1136 stocks rose, 3447 fell, 71 rose and 37 fell.
Future outlook of Bairui:
The index remained depressed in the afternoon. The Shanghai index fell 1.02%, the Shenzhen composite index fell 1.80%, the gem index fell 2.73%, and China Mobile closed up 0.52% on the first day of listing. Traditional Chinese medicine, military industry, lithium ore, chip, lithium battery and photovoltaic led the decline; Concepts related to yuancosmos, prefabricated dishes and the Winter Olympic Games rose against the trend. 3400 stocks in the two cities fell, 71 stocks rose by the limit, and 37 stocks fell by the limit. The money loss effect was obvious.
Technically, today, the Shanghai stock index continued yesterday’s weak shock adjustment trend. After stepping back to the 60 day line, it was effectively supported for anti pumping repair, but at present, the anti pumping strength is general. Next, Shanghai will continue to focus on the support of 3550-3580 points, and look up at the recovery of time-sharing highs today and yesterday.
Strategically, different from yesterday, today’s market performance is indeed weak. Yesterday, there was general rise support, and the atmosphere was OK. Today, it is the collective killing of index stocks, merciless. However, there is one thing in common these two days, that is, the end of the market has turned up, which shows that the capital is not completely killed without resistance, and the market itself has no systemic risk. It is mainly caused by the catharsis of superimposed emotions.
(Bairui wins)
