A-share market: Shanghai and Shenzhen stock markets rise and fall in the morning and afternoon, and rise again in the afternoon.
Overall, the Shanghai Composite Index rose 0.22%, the Shenzhen Composite Index fell 0.08%, and the ChiNext Index fell 0.14%. The combined turnover of the two markets was nearly 970 billion yuan. In terms of sectors, military industry, real estate, and chemicals led the gains, while home appliances, communications, and electricity led the declines.
① The Shanghai Composite Index rises in the afternoon, and the turnover of the two markets shrinks.
The Shanghai Composite Index opened lower today, followed by a high and low, with both bulls and bears repeatedly pulling and sawing around yesterday's closing point. After the opening in the afternoon, the index rose again, and there was a slight pullback at the end of the day. The ChiNext Index and the CSI 50 Index performed weaker than the Shanghai Composite Index, and the combined turnover of the two markets shrank to less than 1 trillion yuan.
② The chemical sector rises for two consecutive days, and the real estate sector regains momentum.
In today's market, the real estate, chemical, and building materials sectors led the gains. The chemical sector rose for two consecutive days, ranking among the top gainers. After two trading days of technical consolidation, the real estate sector resumed its upward trend and drove the building materials sector to follow suit.
③ The bulls pulled up twice during the trading session, showing a strong feature.
After a sharp rise yesterday, the Shanghai Composite Index has pulled away from the short-term moving averages. It has pulled back twice today, but has been pulled back by the bulls and closed in red. The Shanghai Composite Index completed its technical adjustment by pulling back during the trading session, showing a strong feature. At the same time, the combined turnover of the two markets has fallen below 1 trillion yuan, and the market's selling pressure is gradually weakening.
Additional notes:
The text uses the term "A-share" to refer to shares traded on the Shanghai and Shenzhen stock exchanges in China. The text uses the term "ChiNext" to refer to the ChiNext Index, which is a market index for growth-oriented companies in China. The text uses the term "CSI 50" to refer to the CSI 50 Index, which is a market index for the 50 largest companies listed on the Shanghai Stock Exchange.
