A-shares closed with mixed results on April 22, with the Shanghai Composite Index falling by 0.67%, the Shenzhen Composite Component Index dropping by 0.43%, and the ChiNext Index decreasing by 0.32%. Despite this, the BSE 50 Index managed to rise by 0.01%. The turnover of the two cities totaled 822.1 billion yuan, with a net outflow of funds exceeding 26.4 billion yuan, while the net purchase of northbound funds surpassed 1.3 billion yuan. Market activity showed a decrease in overall performance, with 1923 stocks rising and 3319 stocks falling, including 62 stocks hitting daily limits and 62 stocks reaching lower limits.
In terms of sectors, the hotel and catering, national defense and military industry, breeding industry, beverage manufacturing, attractions and tourism, CSSC, terahertz, and fentanyl sectors saw gains. Conversely, the oil and gas exploration and services, precious metals, petroleum processing and trade, coal, combustible ice, gold concept, shale gas, and flying car sectors experienced declines. The hotel and catering sector particularly stood out in the afternoon, with Xi’an tourism and catering witnessing significant increases. The military industry sector also saw a surge, with several stocks hitting their daily limits.
Popular stocks like LONGi Green Energy rose by over 4%, while CITIC Haizhi, Zhongji InnoLight, Fii Industrial, Zijin Mining, CNOOC, and Sugon all fell by varying percentages.
Overall, the closing of A-shares on April 22 painted a picture of market fluctuations and sector-specific trends, with some industries performing better than others. Investors are advised to proceed with caution and conduct their own research before making any investment decisions. (Article source: Jiemian News)