Stock index futures
I. Market Review
The Shanghai and Shenzhen stock index fell all the way throughout the day, and many parties had no strength to fight back. The Shanghai stock index recorded the largest decline in more than a year. The gem index broke through the 3000 mark and fell more than 10% in the year. The market turnover was 0.938 trillion yuan, up from 0.866 trillion yuan last day. On the disk, the cultural media and Internet sectors made in-depth adjustments, and Zhewen Interactive Group Co.Ltd(600986) , Hubei Radio & Television Information Network Co.Ltd(000665) , Genimous Technology Co.Ltd(000676) fell by the limit. The financial, semiconductor, real estate, automobile and resource sectors continued to decline in the afternoon, Ping An Insurance (Group) Company Of China Ltd(601318) , Petrochina Company Limited(601857) , Wuliangye Yibin Co.Ltd(000858) fell by more than 3%, and Byd Company Limited(002594) , China Vanke Co.Ltd(000002) , Baosteel fell by more than 4%. Aviation and gold stocks bucked the market and were active, Western Region Gold Co.Ltd(601069) , Hunan Gold Corporation Limited(002155) were on the board at the end of the day. The Shanghai Composite Index fell 2.58% and the gem index fell 2.67%. SSE 50 closed at 3144.95, CSI 300 at 4678.45 and CSI 500 at 6743.96.
II. Market analysis
In this morning’s review, we said: “Yesterday, the three major stock indexes of Shanghai and Shenzhen fluctuated throughout the day, and all of them closed in the red market. The pre holiday effect showed that the volume of energy fell by more than 100 billion. The transaction volume of the stock market was 0.866 trillion yuan, compared with 0.978 trillion yuan last day. After continuous decline, the decline momentum of the stock index was weak. As the Spring Festival holiday is approaching, the market turnover shrank, and the possibility of rapid rebound is relatively small. The stock index is likely to maintain shock and consolidation The Shanghai and Shenzhen 300 index has a pressure level of 5100 points and a support level of 4770 points. ” In terms of the actual trend, the stock index opened low and went low, weaker than expected, led by precious metals, and IH was stronger than IC. The China Network Information Office said it would launch a one month campaign to improve the network environment during the Spring Festival, focusing on strictly preventing the “rice circle” from rebounding repeatedly and the media sector from falling sharply. Entering the intensive disclosure period of annual report performance forecast, the performance “mine” of some companies broke out. On the other hand, some stocks that had been subjected to continuous crazy speculation also declined. Coupled with the negative impact of the periphery, the market risk appetite decreased. The CSI 300 index broke through the shock range downward and will continue to weaken.
