August 27,The Shanghai Composite IndexUp 0.59%,Growth Enterprise Market IndexFell 0.23%, resource stocks continued to ferment, soda ash and phosphorus chemical concept stocks set off their daily limit.insurance, The automotive sector performed well.
According to data, as of the close, the Shanghai Composite Index rose 0.59% to 3,522.16 points;Shenzhen Component IndexIt rose 0.15% to 1,4436.9 points; the ChiNext index fell 0.23% to 3,257.07 points.
In the first-level industry sector of Shenwan,Non-ferrous metals, Automotive, chemical, and general sectors achieved gains; the national defense and military industry, leisure services, media, agriculture, forestry, animal husbandry and fishery sectors were among the top decliners.
In the concept sector, concept sectors such as phosphorous chemical industry, soda ash, and chemical raw materials have the largest gains, and concept sectors such as photovoltaic inverters, aviation engines, helmets, and lithium battery diaphragms have the largest declines.
Yuekai Securities said that in the short term, it can pay attention to trading opportunities with greater room for valuation improvement. The turnover rate of popular concept sectors has been adjusted significantly. After the decline in trading and short-term compensation, the earning effect is expected to rebound. Mid-market value stocks are still expected to benefit from the proliferation of prosperity and policy tilt.
(Source: China Securities Investment)
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