On April 12, the stock index fell back in the morning, and rose higher in the afternoon driven by wine making, securities companies and other sectors, with an increase of more than 1% and back above 3200 points; The Shenzhen composite index also rose in the afternoon, up more than 2%; The gem index rose 2.5% and returned to above 2500 points; The turnover between the two cities was nearly 920 billion yuan, and the inflow of funds from the North accelerated in the afternoon, with a net purchase of more than 9 billion yuan throughout the day.
As of the close, the Shanghai index rose 1.46% to 321333 points, the Shenzhen Composite Index rose 2.05% to 1175638 points, and the gem index rose 2.5% to 252369 points; The total turnover of the two cities was 916.5 billion yuan, and the net purchase of funds from the North was 9.137 billion yuan.
On the disk, tourism, hotel and catering sectors broke out, wine making, shipping, securities companies, media and entertainment, education, logistics and other sectors rose sharply, tax-free concepts, industrial machines, online games and other topics performed well, and real estate, chemical fertilizer and other sectors fell against the market.
For the recent market trend, Guosheng Securities said that the gem index and the science and innovation board 50 Index almost represent A-share growth enterprises, but since last year, the continuous adjustment of the high valuation sector and the decline of market risk appetite have led to continuous new lows. The market has adjusted for four consecutive months, and the adjustment of the gem from the high point of 3522 has entered the fifth wave of decline. Each adjustment in the history of A-Shares is a blow to market confidence. The external geopolitical situation, the Fed's expectation of raising interest rates and the impact of the Chinese epidemic have amplified the characteristics of normal market fluctuations. At present, the market is still in the bottom grinding stage and the verification period of stable growth policy, and the probability will continue to fluctuate. With the adjustment of the market, the risk is gradually released. The implementation of the steady growth policy may be the core driving force of the market. It is suggested to pay attention to position control, pay attention to the infrastructure and real estate sectors related to the main line of steady growth, the coal and chemical sectors under the logic of inflation, and the short-term active retail and prefabricated vegetable sectors of supermarkets.
Sealand Securities Co.Ltd(000750) pointed out that the steady growth sector is the direction with the least resistance at present, focusing on real estate, infrastructure and banks benefiting from the stabilization expectation of the real estate chain. The post cycle sector focuses on coal, petroleum and petrochemical, agriculture, forestry, animal husbandry and fishery with strong price rise expectations. The boom growth sector focuses on the undervalued growth sector with sufficient adjustment in the early stage and the current cost performance has begun to show, including medicine and biology.
