A shares fluctuated downward, the Shanghai stock index fell 1.35%, and the real estate sector readjusted

China Singapore Jingwei, April 20 (Xinhua) on Wednesday, the market fluctuated all day, and the gem index led the decline to a new low. Tourism, hotels, logistics, beauty care and other sectors led the increase; Precious metals, real estate development, coal and other sectors led the decline.

As of the close, the stock index fell 1.35% to 315105. The Shenzhen Component Index fell 2.07% to 1139223 points. The gem index fell 3.66% to 236365 points. Overall, individual stocks fell more and rose less, and more than 3300 stocks in the two cities fell.

On the disk, the food processing sector rose sharply, and the gem stock Yike food rose by the limit. The agricultural sector continued to strengthen, Zhongnongfa Seed Industry Group Co.Ltd(600313) 3 connected to the board. Large consumer sectors such as wine making and prefabricated vegetables rose across the board, with Shandong Huifa Foodstuff Co.Ltd(603536) , Kuaijishan Shaoxing Rice Wine Co.Ltd(601579) , Better Life Commercial Chain Share Co.Ltd(002251) trading limits.

In terms of decline, coal, gold, real estate, steel and construction sectors took the lead in adjustment. Many heavyweights on the gem fell sharply, Sungrow Power Supply Co.Ltd(300274) fell by the limit, Contemporary Amperex Technology Co.Limited(300750) fell by more than 7%.

The limit shares are as follows: Guanghui Logistics Co.Ltd(600603) (10.04%), San Yang Ma (Chongqing) Logistics Co.Ltd(001317) (9.99%), Better Life Commercial Chain Share Co.Ltd(002251) (9.97%), Chongqingyukaifaco.Ltd(000514) (10.07%), Zhongnongfa Seed Industry Group Co.Ltd(600313) (9.98%). The down limit shares are as follows: Everbright Jiabao Co.Ltd(600622) (- 10.05%), Jinzhou Jixiang Molybdenum Co.Ltd(603399) (- 10.00%), Gansu Jiu Steel Group Hongxing Iron And Steel Co.Ltd(600307) (- 10.12%), Langold Real Estate Co.Ltd(002305) (- 9.84%), Beijing Dalong Weiye Real Estate Development Co.Ltd(600159) (- 10.11%).

The top five stocks with turnover rate are: tuojing technology, Huashi technology, JieChuang intelligence, Liansheng chemical and Xinte electric, which are 78.574%, 70.866%, 69.198%, 67.398% and 66.941% respectively.

Shanxi Securities Co.Ltd(002500) research report analysis shows that at present, the negative factors at home and abroad have not been completely cleared, the market mood is low, and the repair will take time. In this process, it is vulnerable to periodic impact and continues to "grind the bottom". At this stage, it is suggested to focus on large cap value stocks with better defense ability and valuation repair space. At the same time, the expectation of post epidemic recovery is taking shape. It is suggested to continue to pay attention to the recovery of supply chains across the country.

Galaxy Securities said that throughout the market, several sectors have reached phased lows, but the market capacity is insufficient in the short term, which is still a volatile trend, and more attention should be paid to the cost performance of prices. April is the intensive disclosure period of the first quarterly report. It is suggested to focus on the sectors and companies whose fundamentals have been positively verified in the short term and whose performance growth has exceeded expectations.

(the opinions in this article are for reference only and do not constitute investment suggestions. Investment is risky and should be cautious when entering the market.)

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