The three major indices collectively closed higher today, with major financial efforts such as banking and insurance on the first day of the overall RRR cut. China Pacific Insurance rose nearly 6%, China Merchants Bank and Postal savings Bank rose more than 4%, and Ping an of China rose more than 3%. The trading volume of the two cities exceeded 1 trillion yuan for the 11th trading day in a row, but each stock fell more than rose less, showing a general falling pattern. Military industry, Shanghai local stocks opened up, spirit, fluorine chemical industry, phosphorus chemical industry, BIPV concept, rare earth permanent magnet, iron and steel stocks in turn stronger, carbon neutralization, digital currency weakening. On the market, iron and steel, beer, fluorine chemicals, rare earth permanent magnets led the increase, while digital currency, planting and forestry, and electronic manufacturing were among the top declines.
As of the close, the Prev index rose 1.03% to close at 3564 points, the Shenzhen Composite Index rose 0.75% to close at 15169 points, and the gem index rose 1.4% to close at 3537 points.
For the future market trend, institutions have expressed their views.
According to Shanxi Securities, China's imports and exports exceeded expectations in June, benefiting from the steady repair of the global economy and the continued increase in overseas supply and demand, supporting the high performance of China's export-oriented manufacturing industry. In the medium term, the consumer services industry continues to recover, the technology industry continues to maintain a high growth rate, and the overall fundamentals of A shares are strong. In the future, under the background of reasonable and loose liquidity and strong support of fundamentals, the upward pattern of shock will continue.
Everbright Securities mentioned that the turnover between the two cities continues to be more than one trillion yuan, and short-term funds will still choose those varieties with good performance expectations, large space for track growth and high market attention as their main attack. Technically, the gem runs in the rising pattern of the channel, and it is more reliable to step on the channel to support it again.
Tianding Securities said that at present, the Shanghai Composite Index is basically pro-cyclical and large consumer plate, while the gem is dominated by lithium batteries and semiconductors, which are launched in turn, although the current main hot spots are still concentrated on the gem and Science and Technology Innovation Board. However, with the strengthening of the Shanghai index, there may also be new changes in rhythm.
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