The turnover of the two cities was 1 trillion yuan, and 3,874 shares closed up.
The three major stock indexes of A shares opened lower collectively on March 20th. In early trading, the two cities fluctuated within a narrow range, and the rise of bank stocks before noon boosted the depressed two cities. In the afternoon, the two cities continued to fluctuate within a narrow range, but individual stocks showed a general upward trend.
From the perspective of the disk, the theme of artificial intelligence is stronger, and the direction of Sora and short drama leads the rise; Low-altitude economy, data elements, smart medical care and Xinchuang concept stocks are active; Liquor, household appliances and steel industries have weakened.
By the close of March 20th, the Shanghai Composite Index rose 0.55% to 3,079.69 points. The Science and Technology Innovation 50 Index rose 0.28% to 814.03 points; The Shenzhen Component Index rose 0.21% to 9717.37 points; The growth enterprise market index rose 0.12% to 1909.2 points.
Wind statistics show that 3,874 stocks in the two cities and the North Stock Exchange rose, 1,264 stocks fell, and 213 stocks were flat.
On March 20th, the total turnover in Shanghai and Shenzhen stock markets was 1,000 billion yuan, a decrease of 77.9 billion yuan compared with 1,077.9 billion yuan in the previous trading day. Among them, the Shanghai stock exchange traded 407.4 billion yuan, a decrease of 39.5 billion yuan from the previous trading day’s 446.9 billion yuan, and the Shenzhen stock exchange traded 592.6 billion yuan.
According to Great Wisdom VIP, there are 119 stocks in the two cities and the North Stock Exchange that rose by more than 9%, and one stock fell by more than 9%.
The total net inflow of northbound funds on March 20th was 5.568 billion yuan. Among them, Shanghai Stock Connect bought 2.56 billion yuan and Shenzhen Stock Connect bought 3.009 billion yuan.
Bank shares rose sharply before noon, and liquor led the decline.
In terms of sectors, bank shares soared before noon, with Bank of China (601988) and China CITIC Bank (601998) once rising by over 2%, Bank of Beijing (601169) and Shanghai Rural Commercial Bank (601825) rising by over 1%.
The outbreak of short drama theme led the media stocks to rise among the top, with nearly 10 stocks including Huace Film and Television (300133), Zhongguang Tianxuan (603721), Zhangyue Technology (603533) and Ciwen Media (002343) rising by more than 10%.
With three barrels of oil, the petroleum and petrochemical sector soared, with daily limit of Baoli International (300135), China Petroleum (601857) rising by nearly 2%, China Petrochemical (600028) and China Offshore Oil (600938) rising.
Liquor led the decline, and the food and beverage sector did not perform well, with Qinghai Spring (600381) falling more than 4%, Gan Yuan Food (002991), Yingjia Distillery (603198) and Angel Yeast (600298) falling more than 2%.
Household appliances were among the top losers, with Omar Electric (002668), Sanhua Zhikong (002050), Sichuan Changhong (600839) and Huaxiang (603112) falling more than 1%.
The communications and electronics sectors were in a downturn, with Obi Zhongguang (688322), Sanhuan Group (300408), Shenyu (300563) and Fiberhome Communications (600498) falling more than 3%.
Try to choose the opportunity of callback to intervene.
Guosheng Securities said that recently, the market started to gain momentum under the policy combination of management, and the overall index maintained an upward trend, which is also the direction selected by the market after two weeks of sideways shocks. Once the trend is formed, if you want to reverse it, you need more short-selling power. In the current market environment where short-selling forces are suppressed layer by layer, the probability of a sharp decline is small. Therefore, the best choice at the moment is to follow the trend, and short-term adjustment is a better entry layout point, which can actively seize the opportunity. Strategically, because the current market is dominated by plate rotation, the game of theme plate is weak, so it is necessary to pay attention to controlling the rhythm, try to choose the opportunity of callback to intervene, and choose the target with better overall trend as the right bargain-hunting layout. In the direction, we can pay attention to the trend layout opportunities of smart driving, consumer electronics and artificial intelligence.
Hualong Securities pointed out that, after the previous high dividend sector and the theme of scientific and technological innovation achieved good performance continuously, the market showed a certain degree of "high cutting and low cutting" phenomenon, which was mainly manifested in switching to the direction of low valuation and value. The medium and long-term high dividend and the theme of scientific and technological innovation remained the main line of the market, and in the second half of March, it paid attention to the possible opportunities in industries such as pharmaceutical biology, electronics, building materials, architectural decoration, power equipment, non-bank finance, machinery and equipment and related topics.
Central china securities believes that the average P/E ratios of the Shanghai Composite Index and the Growth Enterprise Market Index are 12.37 times and 30.57 times respectively, which are below the median level in recent three years, and the market valuation is still in a low region, which is suitable for medium and long-term layout. Boosted by many favorable factors, the overall stock index is expected to maintain a volatile pattern in the future, and it is still necessary to pay close attention to the changes in policy, capital and external factors. Investors are advised to pay short-term attention to investment opportunities in industries such as consumption, agriculture, animal husbandry, feeding and fishing, and resources.