Shanghai stock index weekly three consecutive yin, hot topic rotation is the main theme

time:2022-09-29 09:22:46 source:clevelanddrifters.com author:Trend
Shanghai stock index weekly three consecutive yin, hot topic rotation is the main theme

On Friday, the size index fluctuated within a narrow range throughout the day, and both the Shanghai Composite Index and the ChiNext Index closed near the flat line. The total transaction volume of the two cities was 746.9 billion yuan, a record level of land volume in recent months. On the disk, sectors such as satellite navigation, integrated die-casting, 5G concept, and chip concept led the gains. Among them, the 5G concept and chip concept staged a daily limit; coal, liquor, and insurance sectors performed weakly. Nearly 3,600 stocks in the two cities rose, and the number of stocks that rose significantly increased. Overall, although the performance of the index is average, the activity of individual stocks has increased significantly. In terms of northbound funds, there was a net outflow throughout the day, with a net outflow of 3.783 billion yuan, of which Shanghai Stock Connect and Shenzhen Stock Connect had net outflows of 2.761 billion yuan and 1.022 billion yuan respectively. For the whole week, a small net inflow of northbound funds of 441 million yuan can be said to be a balance between long and short. Specifically, net outflows were recorded on Tuesday, Thursday, and Friday, and net inflows were recorded on Monday and Wednesday. The large inflow on Wednesday was due to the MSCI quarterly adjustment taking effect and the concentrated allocation of passive funds late in the session. The market was volatile and adjusted this week. This week, a large market opened lower and higher, and rebounded within the day, but then both the big and small indexes went out of the trend of four consecutive Yins. The Shanghai Composite Index fell 1.54% for the whole week, and the weekly K line appeared three consecutive Yins; Adjusted for two consecutive weeks, retreating from 2800 to around 2500, with a maximum decline of 10%. The GEM index fell more than the main board, mainly dragged down by the blue chips of CATL and Sungrow. Among them, CATL has seen a rare drop for 8 consecutive days since August 24, with the largest drop of nearly 20%. Driven by the successive efforts of low-valued sectors such as Big Finance, the decline was relatively moderate. The overall market sentiment this week was relatively sluggish, with hot topics rotating rapidly, lack of continuity, and relatively difficult transactions. Yuesheng Financial Management believes that the market will maintain the volatile market with structural differentiation unchanged. From a macroeconomic point of view, the official manufacturing PMI in August was 49.4%, although slightly exceeding expectations, it was still below the critical point, and the economic recovery was still unstable. In terms of policy, this week's National Standing Committee proposed that local governments should "one city, one policy" to make good use of the policy toolbox and promote large-scale consumption such as automobiles. It is also difficult to be more relaxed at the margins. From the perspective of capital, with the quarterly adjustments of MSCI and FTSE Russell, foreign capital has a certain amount of passive funds to enter the market, but there is no running entry similar to May-June. There is no obvious recovery in the issuance of domestic public funds, and the market overall. It is mainly based on the game of stock funds. To sum up, it is difficult for the market to start a big wave at present, and the overall market is mainly volatile. Under the game of stock capital, capital presents an obvious seesaw effect, and the theme of hot topics is the main theme, and a relatively clear market main line is needed to really stimulate the enthusiasm of capital to do more. In terms of operation strategy, it is recommended to make a balanced allocation, focusing on the concept of price increase, the large consumption of economic improvement, and the high-boom track. ?

(Responsible editor:Technology stocks)

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