[research and judgment on the general trend of A-share market]
The index fluctuates upward
Outlook:
The index fluctuated upward on Tuesday, with a net inflow of more than 5 billion yuan from the north. In early trading, the three major indexes rose and fell after opening high. The Shanghai index and Shenzhen index once turned green, and the index fluctuated and strengthened near noon. In the afternoon, the market continued to fluctuate upward, and finally the three major indexes closed up, with the gem index leading the rise of 1.62%. Individual stocks rose more or fell less, with power equipment, automobile, non-ferrous metals, electronics, petroleum and petrochemical leading the gains, while architectural decoration, real estate, medicine and biology, agriculture, forestry, animal husbandry and fishery, commerce and retail and other sectors fell. In terms of market environment, the national development and Reform Commission said that China's economy has strong toughness, large market space and rich policy toolbox. It is fully qualified, capable and confident to continue to maintain the stable operation of prices. In addition, the Ministry of Finance said that as of May 15, all localities had issued 1.5 trillion yuan of new local government special bonds, and the issuance of the remaining amount is accelerating, providing strong support for expanding effective investment and stabilizing the macro economy. From a technical point of view, the volatility of the index picked up, led by the gem index. The net inflow of northbound funds throughout the day exceeded 5 billion yuan, driving market sentiment. Considering the improvement of the epidemic situation in China, the gradual resumption of work and production in Shanghai, and the gradual enhancement of the momentum of economic recovery, coupled with the introduction and implementation of steady growth policies, it is expected that the market will continue to shake and repair, pay attention to the change of volume energy and capital flow to the north, and it is suggested to be moderately positive in operation, and pay attention to the industries such as finance, real estate, building materials, agriculture, forestry, animal husbandry and fishery, food and beverage, electrical equipment and TMT.