[daily focus Review] the market performance is chaotic and the amplitude of more than 15% of the main board stocks continues to rise and stop in the direction of logistics.

Published: Apr 13, 2022 17:02

Today, a total of 53 shares rose by the daily limit, with 18 shares and 41 shares failed to seal the board, with a sealing rate of 56%; Dali Pharmaceutical Co., Ltd. 6 board, Guanghui Logistics, Dongbai Group 4 board, gem Glacier Network 2 board. On the market, it closed up 661 stocks and closed down 3951 stocks. Logistics, coal, oil and gas were among the top gainers, while medicine, tourism, pan-infrastructure and digital currencies led the decline.

China International Capital Corporation said that on the whole, some of the factors that triggered the market adjustment have ushered in a positive resolution at the policy level, the fundamental signal is still weak, and the potential inflection point may still need to wait for policy effectiveness to achieve fundamental improvement. the short term of the market may still be repeated, but the stage similar to the previous sharp decline may have come to an end, and the follow-up market may gradually enter the bottom stage. Combined with the adjusted magnitude, valuation and possible digestion of negative factors, market opportunities in the medium-term dimension outweigh risk.

Market Overview

Indicators show that the short-term mood of the market rose in early trading, really below the 0 axis in intraday trading, and fell back to the bottom of the low labyrinth area in late trading. The rise in early trading was mainly affected by the strong influence of connected stocks, and the rapid decline in late trading was also affected by dry King Garden, Sanjiang Shopping, Airport shares, Beibu Gulf Port and other fried boards.

image

Individual stocks, Dali Pharmaceutical 6 leading the market, Guanghui Logistics, Dongbai Group 4 even board. Nearly 70 shares in the two cities have fallen by more than 9%, and there have been a number of connected stocks with great money-losing effects, such as dry King Garden, three Gorges Tourism, Sanjiang Shopping, and Haiqi Group. However, in the 20 shares of Lianban yesterday, 10 were still promoted at the close, and at one point there were 16 in the market.

image

In terms of the index, the bidding opened low, rose after a shock in the morning, and fell again in late trading, with the Prev closing down 0.83% and the gem index down 2.25%. Individual stocks performed poorly, with nearly 3800 shares closing down and 70 shares down more than 9 per cent.

image

Northbound funds sold a total of 498 million yuan today, and the difference between the Shanghai and Shenzhen stock markets is small. Of this total, a net purchase of 389 million yuan was made in Shanghai and a net sale of 887 million yuan in Shenzhen.

image

Focus plates and individual stocks

The direction of logistics continues to rise and stop, Guanghui Logistics 4 continuous boards, bonded Technology, China Iron, Changlian shares, long-term Logistics, Pegasus International, Sanyangma 3 continuous boards, Xiamen Port 2 continuous boards, there are nearly 10 trading limits today, such as International, CIMC vehicles, Wanlin Logistics, Shanghai goods Trade and so on. From the point of view of the plate echelon, today is in a state of strengthening, with 25 billion plates like Chinese iron also being topped with a word board, and the number of assists in the back row is also increasing. This direction is stuck in the switching node of the market cycle, and there may be opportunities for further fermentation.

The agency said that vigorously developing the logistics industry and promoting the whole society's logistics to reduce costs and increase efficiency is an important part of the construction of a modern circulation network. Breaking through the blocking points, breaking local protection and market segmentation will help the smooth flow of commodity factor resources in a larger scope, which means the further expansion of market space and the reduction of operating costs for the logistics industry.

The direction of pan-infrastructure, represented by real estate, continued to weaken, with more than ten shares falling by the limit, such as Tianbao Infrastructure, China Wuyi, Nanguo Real Estate, Everbright Garbo and so on. This direction has a great loss effect in recent days, many targets are continuous limit, here and logistics have taken a switch, but the capital intervention is very deep, there should be repeated opportunities after the adjustment.

Coal stocks continue to strengthen, China Coal Energy 2 even board, Anyuan Coal, Ping Coal shares, Panjiang shares rose by the daily limit, China Shenhua is also rising, and the total market capitalization has exceeded 630 billion. Driving, 1) performance is still the biggest support of the sector. China Coal Energy's net profit in the first quarter was 6.45 billion yuan to 7.13 billion yuan, an increase of 83.8% and 103.2% compared with the same period last year. 2) the European Union has approved a ban on the import of Russian coal, and a comprehensive ban will take effect in August. Judging from the position of the organization, the track has been miserable, and what is still going on is mainly in the two directions of coal and gold.

Anti-virus, has been in a state of killing recently, Yaben Chemical, Haichen Pharmaceutical, essence Pharmaceutical and other leading stocks close to halve. Jiuan Medical 2 continuous board, mainly because the performance is too bright, a single quarter of nearly 15 billion, less than twice the pe. This afternoon, China Resources Shuanghe quickly pulled up the sealing board, Tuoxin Pharmaceutical Co., Ltd. from down nearly 8% to near the limit, Aoxiang Pharmaceutical once hit the limit. From the target point of view, it is mainly the concept of Azvudine, this direction is the fastest progress of domestic new crown drugs, we can pay attention to the real biological blindness data.

Market performance is weak, performance stocks are relatively bright, Jiu'an Medical Care, Glacier Network, China Coal Energy are all connected, and led to the direction of coal, chemical industry, non-ferrous metals and so on.

On the whole, the market performance is relatively chaotic, today there are a number of volatile stocks, such as Guotong shares, Qianjing Garden, China Jiaotong Real Estate, Sanjiang Shopping, Tuoxin Pharmaceutical, Chengda Pharmaceutical and so on. Market sentiment has been spoiled by the market, funds have begun to anticipate in advance, leading to more and more extreme intraday performance, there are hot spots or emotional turning points, that is, crazy top board, once the rush is also relentless.

Analysis chart of today's daily limit:

image

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
[daily focus Review] the market performance is chaotic and the amplitude of more than 15% of the main board stocks continues to rise and stop in the direction of logistics. - Shanghai Metals Market (SMM)