on March 18, a shares opened low in the morning and fluctuated. Fortunately, they rose in the afternoon. Finally, the Shanghai index rose 1.12% to 325107 points and the gem index rose 0.11% to 271379 points. The capital of going north “entered” sharply at the end of the trading, which has become an important thrust
According to the data released by the Ministry of finance, the stamp duty on securities transactions reached 73.7 billion yuan in the first two months of this year, a year-on-year increase of 10.7%. A-share investors “contribute” to the national fiscal revenue.
On March 18, A-Shares opened low in the morning and rose in the end. Baijiu and electrical equipment are generally performing, but thanks to the rise of real estate, coal, construction, finance and other sectors, the stock index has changed from green to red, and it has obviously won the gem.
Looking back on the trend of A-Shares this week, it can be said that it has stepped out of the rare “epic” sharp decline and sharp rise “devil”. On March 14 and March 15, the Shanghai index fell by more than 7% and the gem index fell by more than 6%; From March 16 to 18, the Shanghai index rebounded by more than 6% and the gem index rebounded by more than 8%. Smart funds have also returned in the past three days after continuing to escape from a shares, and they flowed in wildly at the end of the trading on Friday.
Insiders told the international finance daily that the heavyweight “awesome” led the market rebound recently, and the net inflow of the north capital recovered. Before the market panic, selling sentiment eased, and the short market bulls were dominant. After the continuous rebound, we need to pay attention to the pressure area near 3300 points. After the short-term sharp rise, we need to pay attention to the market shock.
Shanghai stock market weight sector force
On March 18, A-Shares opened low in the morning and fluctuated. Fortunately, they rose in the afternoon. Finally, the Shanghai index rose 1.12% to 325107 points, and the gem index rose 0.11% to 271379 points.
The sharp rise in late trading was inseparable from the promotion of the substantial “admission” of funds going north.
A total of 3477 stocks in Shanghai and Shenzhen closed up, of which 2099 stocks rose by 1% to 5% and 123 stocks rose by the limit; 1113 stocks closed lower, with only 2 stocks falling by the limit.
is benefited from the awesome strength of the stock market, such as real estate, coal and finance, and the Shanghai stock index has outperformed the Shenzhen stock market. Among 31 shenwanyi industry sectors, 26 closed higher Yango Group Co.Ltd(000671) and other 11 real estate stocks set off a wave of trading, Zhejiang Construction Investment Group Co.Ltd(002761) and other 14 architectural decoration stocks rose, and 9 construction materials stocks such as China Fangda Group Co.Ltd(000055) were happy to rise.
the agriculture, forestry, animal husbandry and fishery, banking and non banking financial sectors also performed well, with an increase of more than 2% brokerage stocks Polaris Bay Group Co.Ltd(600155) rose by the limit, Ping An Insurance (Group) Company Of China Ltd(601318) rose by more than 5%.
Power equipment and defense industry, computer, electronics and other science and technology sectors fell slightly. The first brother of Shenzhen Contemporary Amperex Technology Co.Limited(300750) dived late today and finally closed down 2.67% to 510.5 yuan / share, Yunnan Energy New Material Co.Ltd(002812) fell nearly 5% Aecc Aviation Power Co Ltd(600893) , Avic Shenyang Aircraft Company Limited(600760) fell more than 1%, and Avic Jonhon Optronic Technology Co.Ltd(002179) fell more than 5% to 81.34 yuan / share. Computer big brother Hangzhou Hikvision Digital Technology Co.Ltd(002415) also fell more than 1% on Friday, with a decline of more than 17% in the year.
The rebound of food and beverage sector in recent two days contributed a lot to the recovery of a shares, but it fell slightly on Friday as a whole. Among them, the first brother of Shanghai stock market Kweichow Moutai Co.Ltd(600519) also dived late, down 0.72% to 170779 yuan / share, and Foshan Haitian Flavouring And Food Company Ltd(603288) fell nearly 1%.
At the same time, Mao index and Ning combination concept dived at the end of the day, and both ended lower.
large callback stage or has ended
How to understand the performance of A-Shares in the late trading on Friday?
Guo Shiliang, an independent financial commentator, told the international finance daily that the heavyweight “awesome” led the market rebound recently, and the net inflow of the northern capital recovered. The market panic selling spirit has eased, and the short-term market bulls are dominant.
Guo Shiliang said that after the formation of the bottom of the policy, combined with the recent interest rate increase and landing of the Federal Reserve, the short-term market rebounded in line with the trend. However, after the continuous rebound, we need to pay attention to the pressure area near 3300 point, large financial sector has a great impact on the prying of the market index, but after the short-term sharp rise, we need to pay attention to the market shock demand, the change of policy environment and the change of peripheral market environment, These are still the key factors affecting the current trend of A-Shares
A number of market analysts told our reporter that experienced continuous correction in the early stage. At present, the market valuation level has entered the historical low or value area, and the significant correction stage may be over, but there is a great risk of uncertainty at the bottom of short-term judgment the financial commission of the State Council issued a voice to maintain the stability of the capital market and inject a booster into investors. In this year’s GDP growth is expected to achieve the goal of seeking progress while maintaining stability of about 5.5%, there is a time lag between the implementation of policies and the actual economic results, so we can maintain an optimistic attitude.
How to allocate in uncertainty risk?
Li Zhan, chief economist of China Merchants Fund, wrote that with the weakening of the impact of external risks such as the conflict between Russia and Ukraine, the covid-19 epidemic and the Fed’s interest rate hike, the early stock market adjustment will also digest most pessimistic expectations, the national steady growth policy will be gradually strengthened, the economic growth rate will rise step by step, and the market wait-and-see and pessimism will gradually converge.
Li Zhan believes that at present, there are obvious differences on the main line of investment in the market, and it is still suggested to focus on defense and balanced allocation with the main directions as follows:
first, the chain of policies for steady growth since the central economic work conference at the end of last year made it clear that “infrastructure construction should be carried out moderately in advance”, we have continued to pay attention to the sectors related to steady growth. The government work report in March further defined the direction of infrastructure development. New and old infrastructure fields such as building materials, architectural decoration, urban pipe network transformation, new power grid construction and so on may have a good trend.
the second is the opportunity of oversold rebound in the growth track since the end of last year, the growth track has been deeply adjusted, and the valuations of many industries have fallen back to a reasonable range, which has configuration value. It is suggested that due attention should be paid to the growth main line represented by double carbon and semiconductor, as well as national defense, military industry, communication and computer under the growth diffusion.
third, consumption recovery and consumption price rise global vaccination rates continued to improve, and positive progress was made in the research and development of covid-19 specific drugs. In the medium and long term, the conflict between Russia and Ukraine will catalyze the price rise opportunities of planting industry and chemical fertilizer. Russia is a major exporter of chemical fertilizer in the world. For example, the price rise of chemical fertilizer may promote the rise of global Shenzhen Agricultural Products Group Co.Ltd(000061) prices.
fourth, investment opportunities in the two themes of digital economy and state-owned enterprise reform in January this year, the State Council issued the “14th five year plan for the development of digital economy”. The government work report once again stressed the importance of the development of digital economy. Recently, it mainly focused on the theme of digital economy such as “counting from the east to the west”. 2022 is the end of the three-year action plan for the reform of state-owned enterprises. It is suggested to pay due attention to investment opportunities such as the mixed reform of central enterprises.
