A-share market closing review: The Shanghai Composite Index rose briefly but fell back slightly, failing to hold above 3600 points. More than 4000 individual stocks across the entire market experienced declines.
The three major A-share indexes rose and fell differently today. As of the close, the Shanghai Composite Index rose by 0.01%, the Shenzhen Component Index fell by 0.37%, the ChiNext Index fell by 0.01%, and the SSE 50 Index fell by 1.58%. The total turnover of the Shanghai, Shenzhen, and Beijing markets was 1.8984 trillion yuan, a decrease of 30.3 billion yuan from the previous day. Over 4000 stocks in the entire market fell. In terms of sector themes, the sectors of coal-fired power, beauty and personal care, securities and insurance, CRO, banks, and non-ferrous metals were among the top gainers; while sectors of Hainan free trade zone, military equipment, ultra-high voltage, batteries, and house inspection were among the top losers. On the market, stocks related to coal-fired power continued to perform strongly, with several stocks including Tibet Tianlu, Gaozheng Minbao, and Huaxin Cement hitting the limit up for three consecutive days. The beauty and personal care sector strengthened in the afternoon, with Runben Stock rising by the limit up, and Jiaheng Cosmetics and Huaye Fragrance among the top gainers. The securities sector was active during the day, with Guosheng Jin Kong, Guoxin Securities, and Guangfa Securities leading the gains. Stocks related to CRO also showed positive performance, with Medisun, Haitel Biomedical, and Zhaoyan New Medicine all rising. The Hainan free trade zone sector continued to decline in the afternoon, with Hainan Ruize reaching the limit down, and Haixia Corporation, Caesar Tourism, and Hainan Shipping Group leading the declines. The military equipment sector also performed poorly, with Guanglian Aviation and northern Long Dragon falling by more than 10% intraday, and Great Wall Military Industry, Xinyu Guoke, and China Ship Emergency among the top decliners.
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