Home » The three major A-share stock indexes fell, 3534 stocks fell in two markets | China Stock Market | Shanghai Index | Volume

The three major A-share stock indexes fell, 3534 stocks fell in two markets | China Stock Market | Shanghai Index | Volume

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[Epoch Times December 24, 2021](Epoch Times reporter Liu Yi comprehensive report) On December 24, the Shanghai Stock Index, Shenzhen Component Index, and ChiNext Index all fell on the mainland stock market. Among them, the Shanghai Index fell 0.39% this week. Fall for two weeks, a cumulative drop of 1.32%.

Based on surging news and Hong Kong’s “Hong Kong Economic Journal” and other media reports, the A-share market opened higher on December 24, but the Shanghai and Shenzhen stock markets fell quickly, leaving a unilateral decline in early trading. In the afternoon, the two cities still maintained a weak and volatile pattern, and the ChiNext index fell by more than 2.7%.

As of the close, the Shanghai Composite Index closed at 3618 points, down 25 points or 0.69%; the Shenzhen Component Index closed at 14,710 points, down 153 points or 1.03%; the ChiNext Index reported 3297 points, down 76 points or 2.27%; the CSI 300 Index closed at 4921 Points, down 27 points or 0.55%.

This week, the Shanghai Composite Index fell 0.39%, the Shenzhen Component Index fell 1.06%, the ChiNext Index fell 4%, and the Science and Technology 50 Index fell 2.88%.

Statistics from data service provider Wind show that on the 24th, 1038 stocks in the two cities rose, 3534 fell, and 80 stocks were flat.

All sectors generally declined. Cyclical sectors such as electrical equipment, non-ferrous metals, chemicals, automobiles, steel, and coal fell across the board; non-ferrous metals stocks fell more than 3%; chemical, coal, and cement stocks fell more than 2%; steel, real estate, and oil stocks fell more than 1%; financial and power stocks are weak.

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The total turnover of Shanghai and Shenzhen stock exchanges on the 24th reached 1.131.8 billion yuan (RMB, the same below), an increase of 54.5 billion yuan from 1.077.3 billion yuan on the previous trading day, and it exceeded 1 trillion yuan for the 46th consecutive trading day. Among them, the Shanghai stock market turnover was 476.3 billion yuan, an increase of 26.3 billion yuan over the previous trading day’s 450 billion yuan, and the Shenzhen stock market turnover was 655.5 billion yuan.

On the 24th, the Hong Kong stock market was in a half-day market, and northbound trading was closed all day.

Regarding the performance of the stock market on the 24th, Phoenix Finance quoted Guosheng Securities as saying that the Shanghai Composite Index retreated to 3,600 points and ushered in a repairing rebound. However, the rebound is currently divided. The Shanghai Composite Index is significantly better than the ChiNext Index. Selling pressure, the ChiNext index is suppressed by the 20- and 30-day moving averages. The strength and height of the rebound require close attention to recent changes in trading volume. If there is no significant increase or decrease in trading volume, the market is likely to maintain a volatile pattern.

The Paper quoted Guotai Junan’s analysis as saying that there is limited room for the index to fall. The GEM index plunge was mainly due to the collective plunge in the high-level business track sector. New energy vehicles, photovoltaics, semiconductors, etc. have experienced high cumulative gains since the beginning of the year. As the end of the year approaches, the willingness to cash in funds has increased, while the willingness of new funds to take over at high levels is low. The high valuation problem will be gradually digested through high performance growth, and the correction is expected to be relatively limited.

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Editor in charge: Lin Congwen

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