Bairuiying: market differentiation in the digestion of disk sentiment

On Thursday, the three indexes were mixed. The market opened low and fluctuated all day. In terms of sector, it has turned red in an all-round way. Internet e-commerce, pharmaceutical commerce, seed industry, national defense and military industry led the increase, with only securities, scenic spot tourism, hotel catering and education turning green.

As of the close, the Shanghai Composite Index closed at 306776 points, up 20.70 points or 0.68%. The turnover was 409.4 billion. The Shenzhen Component Index closed at 1104638 points, up 24.94 points, or 0.23%, with a turnover of 491.6 billion. The gem index closed at 228840 points, down 30.74 points, or 1.33%, with a turnover of 176.1 billion. In Shanghai and Shenzhen stock markets, a total of 3712 stocks rose, 1090 fell, 176 rose and 31 fell.

Future outlook of Bairui:

The market rebounded from shock today, but the three major indexes were differentiated. The Shanghai Composite Index led the rise and achieved four consecutive positive results. The gem index was dragged down by Contemporary Amperex Technology Co.Limited(300750) and other heavyweights, and the rebound was limited. Overall, individual stocks rose more and fell less. More than 3400 stocks rose in the two cities, and more than 170 stocks rose by the limit or more than 10%. The turnover of Shanghai and Shenzhen stock markets today was 901 billion, a decrease of 64 billion compared with the previous trading day.

On the disk, agriculture and related sectors strengthened, Zhongnongfa Seed Industry Group Co.Ltd(600313) limit. Pharmaceutical and related sectors strengthened, China Meheco Group Co.Ltd(600056) limit. In addition, military industry, Cixin, real estate, infrastructure and other sectors were active in the session. In terms of decline, the brokerage sector was depressed all day. In addition, Contemporary Amperex Technology Co.Limited(300750) fell by more than 8% due to the lower than expected performance, and the transaction amount reached a record high.

Technically, the overall trend of today’s index is in line with expectations. We said this morning that the Shanghai index still has the momentum of inertial upward attack, but the rebound is facing the upper suppression, and there is a need to step back and digest. Next, the market still has the process of repeated consolidation, but it is still regarded as a reasonable shock bottoming process, and pay attention to the band rhythm.

Strategically, on the first day after the festival, the disk was dominated by digestion of emotions, and the differentiation between the two cities was also influenced by the storm of Contemporary Amperex Technology Co.Limited(300750) and some fund track stocks. The fall in the afternoon is mainly because there are too many hot spots and the driving force of funds is limited. Next, after the differences in the market, the main line is gradually clear, which is expected to drive the market out of new market opportunities. In terms of operation, try to step back and absorb low. When there are many hot spots, it is easy to see the ebb tide of differentiation, so the risk of chasing high at will is still great.

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