A-shares Market Close: Shanghai Composite Index shrank in volume and fell 0.64%, while major consumer sectors like film and retail defied the trend and strengthened.
The three major A-share indices all declined collectively today. By the close, the Shanghai Composite Index fell 0.64%, the Shenzhen Component Index dropped 1.44%, the ChiNext Index declined 1.55%, and the Beijing 50 Index decreased 2.03%. The combined trading volume of the Shanghai, Shenzhen, and Beijing markets was 21.943 billion yuan, down 3.09 billion yuan from the previous day. Over 3,700 stocks across the three markets declined.
In terms of sectors and themes, the leading gainers included film and television theaters, beauty and personal care, tourism and hotels, retail, food processing and manufacturing, banking, cultural media, securities, and local stocks from Fujian. The biggest declines were seen in precious metals, photovoltaic equipment, non-ferrous metals, cultivated diamonds, power grid equipment, oil and gas extraction and services, CPO, coal mining and processing, and phosphoric chemical sectors.
On the market, with the long nine-day holiday approaching for the Spring Festival, consumer stocks such as film, retail, and food and beverages experienced oscillations and upward movement, with Hengdian Film & TV, Sanjiang Shopping, and Maoye Commercial hitting the daily limit. Local banks performed strongly today, with Xiamen Bank hitting the limit up, and Chongqing Bank and Nanjing Bank leading the gains. Recently, many small and medium-sized banks have raised deposit interest rates. Securities firms’ stocks surged in the afternoon, with Hualin Securities hitting the daily limit. Additionally, real estate, airport shipping, and AI application stocks showed some performance.
On the other hand, international gold and silver prices plummeted early in the session, causing the precious metals sector to decline collectively, with Silver Yunnan and Hunan Silver hitting the daily limit down. The photovoltaic equipment sector failed to sustain yesterday’s gains and retreated, with JunDa Shares and Shuangliang Energy-saving hitting the daily limit down.
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A-shares Market Close: Shanghai Composite Index shrank in volume and fell 0.64%, while major consumer sectors like film and retail defied the trend and strengthened.
The three major A-share indices all declined collectively today. By the close, the Shanghai Composite Index fell 0.64%, the Shenzhen Component Index dropped 1.44%, the ChiNext Index declined 1.55%, and the Beijing 50 Index decreased 2.03%. The combined trading volume of the Shanghai, Shenzhen, and Beijing markets was 21.943 billion yuan, down 3.09 billion yuan from the previous day. Over 3,700 stocks across the three markets declined.
In terms of sectors and themes, the leading gainers included film and television theaters, beauty and personal care, tourism and hotels, retail, food processing and manufacturing, banking, cultural media, securities, and local stocks from Fujian. The biggest declines were seen in precious metals, photovoltaic equipment, non-ferrous metals, cultivated diamonds, power grid equipment, oil and gas extraction and services, CPO, coal mining and processing, and phosphoric chemical sectors.
On the market, with the long nine-day holiday approaching for the Spring Festival, consumer stocks such as film, retail, and food and beverages experienced oscillations and upward movement, with Hengdian Film & TV, Sanjiang Shopping, and Maoye Commercial hitting the daily limit. Local banks performed strongly today, with Xiamen Bank hitting the limit up, and Chongqing Bank and Nanjing Bank leading the gains. Recently, many small and medium-sized banks have raised deposit interest rates. Securities firms’ stocks surged in the afternoon, with Hualin Securities hitting the daily limit. Additionally, real estate, airport shipping, and AI application stocks showed some performance.
On the other hand, international gold and silver prices plummeted early in the session, causing the precious metals sector to decline collectively, with Silver Yunnan and Hunan Silver hitting the daily limit down. The photovoltaic equipment sector failed to sustain yesterday’s gains and retreated, with JunDa Shares and Shuangliang Energy-saving hitting the daily limit down.