On October 29, the two cities showed a trend of bottoming and rebounding in the morning, and volatility in the afternoon. As of the close, the Shanghai Composite Index rose 0.82% to 3547.34 points; the Science and Technology 50 Index rose 2.94% to 1396.2 points; Shenzhen Stock Exchange The index rose 1.45% to 14,451.38 points; the ChiNext index rose 2.21% to 3,350.67 points.
The sentiment and earning effect of the two cities have improved significantly. According to Wind statistics, 3,488 companies in the two cities have risen, 932 have fallen, and 75 have been flat. A total of 111 stocks have risen by more than 9%, and 26 stocks have fallen by more than 9%.
The concept of the subject blossomed more frequently. Stimulated by the news that Facebook changed its name to “Meta” All In, the meta universe concept stocks broke out; the Tesla concept rose significantly in the afternoon, and the CATL surged 6% directly to stimulate the strength of lithium battery concept stocks; Military stocks were strong throughout the day, with aerospace power up by more than 6%; the concept of photovoltaics rose sharply, and LONGi’s shares were close to the daily limit; the concepts of medical beauty, digital currency, drones, and dairy rose sharply. Affected by performance, the insurance sector led the decline sharply, with China Life falling more than 6%; the real estate, coal, and power sectors closed in green.
The turnover of the two cities was 1,138.4 billion yuan, breaking through one trillion yuan for the sixth consecutive trading day.
Source: Read Chuang Finance
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