The broader market continued to fall yesterday, with the three major indexes hitting new lows for the year. The turnover of the Shanghai and Shenzhen stock exchanges was 1,109.9 billion, an increase of 95.3 billion compared with the previous trading day. In terms of plates, only the east is counted and the west is counted,precious metal、SMICThe concept of three sectors rose, new crown treatment, assisted reproduction,traditional Chinese medicine, planting and forestry, and lithium extraction from salt lakes were among the top decliners. As of yesterday’s close,Shanghai Indexfell 2.35%, the Shenzhen Component Index fell 2.62%,GEM refers tofell 1.8%.Northbound funds sold a net 8.699 billion yuan throughout the day, of whichShanghai Stock ConnectNet sales of 3.151 billion yuan,Shenzhen Stock ConnectNet sales of 5.548 billion yuan.
Overnight, the three major U.S. stock indexes closed down collectively, with the Dow down 0.57%, the S&P 500 down 0.73%, and the Nasdaq down 0.28%. Steel stocks and pharmaceutical stocks were among the top losers. Airline and energy stocks rose sharply,American airlines、Southwest Airlinesrose more than 5%. Most popular Chinese concept stocks fell,Didifell more than 11%,ideal carfell more than 5%,Xiaopeng Motorsfell more than 4%,Bilibili、JD.comfell more than 3%;Pinduoduorose more than 3%,Vipshoprose more than 2%.
todaybrokerageMorning Meetingsuperior,Guotai JunanSaid that global coal prices are expected to continue to rise and remain strong, supporting domestic prices;CITIC Construction InvestmentIt is pointed out that commodities may usher in a bull market situation;Shanxi SecuritiesIt is believed that grasp the industrial logic and stick to high-quality targets.
Guotai Junan: Global coal prices are expected to rise and remain strong, supporting domestic prices
Guotai JunanResearch reportSaid that the conflict between Russia and Ukraine continues, and it is expected that global coal prices will continue to rise and remain strong, supporting domestic prices. As the conflict between Russia and Ukraine intensifies, global fossil energy prices have accelerated,oil priceApproaching $120 a barrel, Australia’s Newcastle coal price reached nearly $270 a ton, breaking the 2021 high. In recent years, the power supply structure in Europe has been continuously adjusted, and the replacement efficiency of gas turbines and coal-fired power has increased. With rising natural gas prices and insufficient supply, European countries such as Germany and Italy have indicated that they may restart coal-fired power generation. The substitution effect will further increase the global demand for coal. Due to the long-term low global coal capital expenditure and the steep global supply curve of fossil energy, global coal prices are expected to continue to rise and remain strong, further supporting domestic prices.
CITIC Construction Investment: Commodities may usher in a bull market situation
CITIC Construction InvestmentHe said that in the post-epidemic era, the world‘s major economies continue to recover, and the demand for commodities continues to be strong; superimposed on the continuous escalation of the Russian-Ukrainian conflict, various supplies may be affected, and commodities may usher in a bull market situation, and the high prosperity may shift to the supply chain . With reference to historical trends, the share prices of commodity traders are converging with commodity prices.Recommended to followProperty Center。
Shanxi Securities: Grasp the logic of the industry and stick to high-quality targets
Shanxi SecuritiesOn the whole, the sentiment of the A-share market has deteriorated significantly this week. The two cities closed down for two consecutive days, which may have caused some panic, and the re-abortion of the Russia-Ukraine negotiations has intensified the volatility of the external market, which has weakened the “safe haven” role of the domestic market. Under the background of weak face, the A-share market is more vulnerable to the impact of the external market in the short term, and re-emphasizes that it is relatively cautious in the allocation. At the same time, there are certain structural opportunities in the shock.todaysemiconductorThe sector has bucked the market and strengthened, and the concept of “East and West” also performed better, reflecting the logical blessing of the industrial boom, making relevant sectors particularly supportive. We suggest that in the adjustment of market fluctuations, we should grasp the direction of the meso-scale industrial policy and the recovery of the oversold sector’s prosperity, stick to high-quality targets, and wait for the opportunity to counterattack.
(Article source: Financial Associated Press)