On April 13, the stock index fluctuated weakly in the morning, once rose and turned red in the afternoon, and then fell again; The Shenzhen Composite Index and the gem index fell by more than 1.5% and the gem index fell by more than 2%; The turnover of the two cities shrank again, with a full day turnover of less than 900 billion yuan, and a small net outflow of funds from the north.
As of the close, the Shanghai index fell 0.83% to 318682 points, the Shenzhen composite index fell 1.6% to 1156882 points, and the gem index fell 2.25% to 246684 points; The total turnover of the two cities was 873.4 billion yuan, and the net sale of funds from the North was 495 million yuan.
On the disk, construction, building materials, education, media and other sectors led the decline, while medicine, tourism, semiconductor, real estate, aviation, automobile, insurance, brokerage and other sectors all weakened; The logistics sector has a strong trend, with coal, oil, nonferrous metals, wine and other sectors rising; Industrial machine tools and seed stocks strengthened, and topics such as digital currency, meta universe and cloud games fell sharply.
Guosheng Securities pointed out that the current downward trend of the market has not been effectively reversed, and interference factors such as peripheral Russia Ukraine conflict and fed interest rate hike still exist; The covid-19 epidemic situation in China is still severe, the downward pressure on the economy is still large, and the market is still likely to maintain the trend of shock and grinding bottom for a long time. In terms of operation, it is not pessimistic on the whole. The rapid rotation of the sector makes the short-term operation more difficult. Control the overall position and choose the opportunity to absorb at a low price. Under the expectation of “steady growth” and counter cyclical regulation, pay close attention to the introduction and implementation of various regulation policies. As the pacesetter of “steady growth”, the infrastructure sector continues to pay attention. At the same time, in the context of inflation, the future performance of the chemical, consumer and supermarket retail sectors can be expected and can be concerned about bargain hunting.
China Securities Co.Ltd(601066) Securities said that the market is in the bottom grinding period from the medium-term perspective, but it faces some challenges: the economy has entered the active destocking stage, and the epidemic has disturbed the economy; The rapid rise of US bond interest rate has not been stable, and there is uncertainty in the conflict between Russia and Ukraine and the geopolitical situation. At this time, investors should be patient and should not rush forward, waiting for the opportunity of fundamentals bottoming, the improvement of the external environment or strong easing of policies. If there is a significant adjustment in the market, they can also gradually layout. The layout direction focuses on early cycle varieties (real estate chain, etc.). If the subsequent US bond interest rate stabilizes and China’s broad currency strengthens, they can consider gradually increasing the allocation of growth.
