today’s disk
Today, the Shanghai and Shenzhen stock indexes showed a pattern of shock adjustment. The three major indexes rebounded slightly after opening low in the morning, and then fell into a shock decline pattern. Finally, the three major indexes dived across the board and closed down slightly. As of the close, the Shanghai Composite Index fell 0.33%, the Shenzhen Component Index fell 0.46% and the gem index fell 0.06%.
In terms of industry sectors, fertilizer industry, aquaculture, phosphorus chemical industry, agriculture, animal husbandry, feeding and fishery, traditional Chinese medicine, transgenic, exclusive drugs, covid-19 detection and other sectors led the increase; Huawei Euler, building energy conservation, plant lighting, 3D cameras, automotive chips, semiconductors, engineering consulting services, consumer electronics and other sectors led the decline. In terms of the rise and fall of individual stocks, there are more than 1100 gainers and more than 3700 losers, with poor profit-making effect. As of the closing, the two cities had a net outflow of more than 29 billion main funds, a net sale of less than 500 million funds from the north, and a market turnover of 0.86 trillion.
current index position analysis
Overall, today is still a relatively bleak market, and the trend of no trend operation is still obvious. This is also in line with the characteristics of the market casting a large-scale bottom. Although northbound sold net today, the range is small, and there is a return action in the afternoon. On the whole, the market does not have the basis for sharp decline in the short term, and it is more likely to continue to maintain a low shock.
At present, the gem index is also in the trend of double bottom. It can be seen that some growth track industries with relatively high valuation are still in risk release. Therefore, we need to wait patiently for the market to adjust in place. However, from the perspective of market capacity, the capacity is in the state of “land capacity” in the process of market adjustment, and the momentum of short-term decline is not strong. Therefore, the gem index is consistent with the main board and is at the bottom stage.
coping strategies and focus
On the whole, the market is still in a weak shock pattern. We should continue to control positions before the market trend changes. In addition, with the coming April, listed companies have begun to disclose the first quarterly and annual reports, and the funds are also in the wait-and-see stage. They have to wait for the performance to be implemented, or there will be major actions. Therefore, the overall stock market is still a structural market. Before the market trend has not changed, continue to take advantage of the opportunity, and select stocks with stable performance growth, undervalued value and high dividend expectation.