Home / Metal News / The three major A-share indexes rose and fell each other, salt lake lithium extraction rose, the coal sector led the decline [stock market closed]

The three major A-share indexes rose and fell each other, salt lake lithium extraction rose, the coal sector led the decline [stock market closed]

iconDec 10, 2021 15:25

The afternoon index continued to differentiate, the Prev was weak and volatile, the performance of heavyweights such as brokerages and banks was low, and the gem index rose more than 0.7% at one point. Salt lake lithium plate rose throughout the day; meta-universe concept is strong; HIT battery concept stock is higher. On the whole, individual stocks rose and fell mixed, and the turnover on the Shanghai and Shenzhen stock markets exceeded trillion yuan for the 36th consecutive trading day. High-level popularity stocks are active. Gem new shares psychic shares closed up nearly 60%, intraday trigger stop, Science and Technology Innovation Board new shares Dizhe Pharmaceutical fell more than 20%. On the disk, salt lake lithium, cloud games, metacosmos, HIT batteries and other plates rose in the forefront, while airport shipping, pumped storage, coal, CRO and other plates led the decline. By the close, the Prev index was down 0.18%, the Shenzhen index was down 0.24%, and the gem index was up 0.22%. Heavyweights are strong this week, with the Prev and Shenzhen Composite Index rising 1.63% and 1.47% respectively, and the Shanghai 50 Index up 4.1%. Northbound funds bought more than 9 billion yuan net throughout the day, the eighth consecutive day of net purchases, this week accumulated net purchases reached 48.8 billion yuan, a new high since the opening of Land Stock Exchange.

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

Zhongyuan Securities believes that on Thursday, the A-share market opened high and rose slightly, inheriting the inertia of the day before yesterday. The stock indexes of the two markets continued to rise under the influence of successive increases in core assets such as wine, consumption, securities, banks and pharmaceutical manufacturing. The Prev hit an intraday high of 3688 points, hitting another recent rebound record, and the overall replenishment of core assets has become the main feature of the recent market operation. It is worth noting that although the stock index continues to rise, the trading volume of the two cities has not been significantly enlarged, and there are no obvious signs of the entry of over-the-counter funds into the market. Whether the Prev can challenge the new highs of the year in the future still needs the continuous promotion of policy, capital and leading hot spots. It is suggested to maintain a cautious and optimistic strategy.

Haitong Securities pointed out that compared with the European and American markets, the current valuation quantile of A shares is still obvious, at the same time, the domestic economic situation is sound and good, RMB safe haven assets continue to rise. Therefore, the consumer sector with more pullbacks this year may have a good performance in the future spring market with the follow-up strong breakthroughs of Shanghai 50 and Shanghai and Shenzhen 300. In the medium to long term, with the continuous advancement of the aging population, we can pay due attention to the companies with better performance in the biomedical sector.

Citic Construction Investment pointed out that the sub-high-end liquor sector shows the following characteristics: Channel inventory is at a historically low level, 2022 light; some high-end and sub-high-end liquor prices rise, breaking market expectations about policy control of liquor prices. raise the future growth expectations of liquor enterprises; December dealers' meeting gradually opened, willing, alcoholic spirits and other exceeded expectations, boosting market sentiment. In December, some wine enterprises have entered the new sales year, and the Q1 payment plan will be gradually clarified. We think that the sub-high-end news has begun, and the layout is timely, with emphasis on alcoholic wine, willing wine industry, Shanxi Fenjiu and Shuijingfang.

Stock market
ups and downs
capital flows

For queries, please contact Michael Jiang at michaeljiang@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

SMM Events & Webinars

All