The index opened higher and went higher. The Shanghai index closed up 1.60%, the Shenzhen Composite Index rose 1.82% and the gem index rose 1.69%. Coal, industrial metals, camping economy, beverage manufacturing, logistics and other sectors led the increase; Rental and sale rights, property management, real estate development, education and other sectors weakened. Stocks in the two cities rose more and fell less. The whole day turnover of the two cities was 92.7 billion yuan, and the net purchase of funds from the North was 14.236 billion yuan. As of the closing, the Shanghai index closed up 1.60%, the Shenzhen Composite Index rose 1.82% and the gem index rose 1.69%;
On the disk, the coal sector led the rise strongly, the industrial metal sector rose, the camping economy rose again, and the Baijiu sector rose. A total of 3493 enterprises in the two cities rose and 1039 enterprises fell; 109 up limit and 4 down limit; In terms of northbound funds, northbound funds bought a net 14.236 billion yuan throughout the day, 10.374 billion yuan in Shanghai Stock connect and 3.862 billion yuan in Shenzhen Stock connect.
On the whole, in the short term, the market shows a shock process after a rapid rebound. Although the peripheral indexes are still under great pressure, China’s index shows a certain resistance to decline. If the index does not break in the consolidation adjustment, it will accumulate more strength for the upward attack in the next stage. It is suggested to be patient and select and allocate stocks based on the medium and long-term perspective in the process of market consolidation.
