The A-share three major stock indexes all closed down, oil and gas exploration, steel, real estate and other sectors rose in the forefront of salt lake lithium extraction, metacosmos and other sectors led the decline [stock market closing]

The market fluctuated in the afternoon, and the three major indexes turned green across the board. On the market, the banking sector fluctuated and strengthened in the afternoon. In addition, there are not many new hot spots in the afternoon, and most of the plates that rise in the morning gradually fall back in the afternoon. In terms of decline, the meta-universe plate continued to fall in the afternoon. Recently active traditional Chinese medicine, salt lake lithium extraction, the Winter Olympic Games and other plates are adjusted collectively today. In addition, today, a total of 43 stocks in the two cities rose by the daily limit, and 38 stocks opened after the daily limit, with an explosion rate of nearly 50%. On the whole, today's stocks fell more than rose less, more than 3500 stocks fell, individual stocks showed a general decline pattern. Today's turnover on the Shanghai and Shenzhen stock markets is 1.2072 trillion, 70.5 billion higher than that of the previous trading day. On the disk, novel coronavirus testing, oil and gas exploration, banking, iron and steel, real estate and other plates rose in the forefront, while traditional Chinese medicine, salt lake lithium extraction, planting and forestry, Yuanyu and other plates led the decline. By the close, the Prev index was down 0.18%, the Shenzhen index was down 0.6%, and the gem index was down 0.98%. Northbound funds flowed 9.335 billion yuan throughout the day, of which Shanghai stocks had a net inflow of 7.091 billion, Shenzhen stocks had a net inflow of 2.244 billion, and northbound funds showed an accelerated inflow at the end of the day. This week is also the first trading week since the beginning of the year, the three major indexes closed down in all four trading days, with the Prev down 1.66% this week, the Shenzhen Composite Index down 3.46% this week, and the gem Index down 6.8% this week.

For the future market trend, institutions have expressed their views.

Northeast Securities said that the adjustment does not need to be pessimistic, continue to focus on the growth of small and medium-sized companies. At present, it is in the stage of style diffusion after the end of the main line, and the follow-up industry configuration focuses on expected improvement and policy guidance. The continuation of the restlessness in spring should focus on the new direction under the improvement of the economy and policy expectations, which mainly includes two aspects: first, from the perspective of expected improvement, the media related to meta-universe, agriculture under the effect of festivals, and favorable securities firms in the implementation of the registration system; second, from the perspective of policy guidance, short-term infrastructure underpinning the economy is expected to rise, central enterprises of low-valued building materials in the old infrastructure, green electricity and UHV in the new infrastructure are worthy of attention.

Shanxi Securities said that at present, the entry of global liquidity into recycling in 2022 has basically become a consensus expectation in the market, but the pace and timing of the tightening are still controversial. We believe that the Fed's current rate hike is urgent and does not rule out the possibility that it will start raising interest rates for the first time in the second quarter, and the interval between the contraction table and the rate increase will also be significantly shortened (about two years after the first rate increase in the last tightening cycle). However, the probability of raising interest rates as many as three times and shrinking the table during the year is still small. In terms of the plate, under the current environment of great downward pressure on the domestic economy and strong uncertainty in overseas markets, the must-choose consumer sector with strong risk aversion and low valuation appears to be offensive, retreating and defensible, and has a better performance-to-price ratio. I suggest you pay attention.

Tianfeng Securities believes that the current time has reached the investment stage brought about by the expected reversal of the pig farming plate. Short-term short-term pig prices are expected to fluctuate until the Spring Festival, pig prices have stopped rising: in terms of consumption boost, strong demand is one of the factors that pig prices may not fall sharply in the short term. Winter is the traditional time for the production of bacon and sausages, so the demand for pork will be higher than in other seasons, which may drive up pig prices. In terms of the number of hurdles, due to the early time of the Lunar New year in 2022, there may be stampede hurdles before the festival. As farms and farmers are generally pessimistic about pig prices after the new year, according to the understanding from Tianfeng Agriculture and third-party institutions, there may be a stampede phenomenon before the year. Moreover, some farms / households are unwilling to hold pigs for the Spring Festival, so this may also lead to the possibility of concentrated fencing before the end of the year.