The three major indexes diverged throughout the day, the Shanghai Composite Index was adjusted by shocks, and the ChiNext index bottomed out and rose by more than 1%. On the disk, the chicken sector rose sharply, and the shares of Xiantan rose and stopped. The auto parts sector was strong throughout the day, and individual stocks in the sector set off a rising tide. In terms of decline, the large financial sector adjusted collectively, Orient Securities fell to a halt, and China Merchants Bank fell more than 7%. In addition, the short-term sentiment of the market is poor, and many of the high-level popular stocks in the early stage have fallen to a halt, and 3 shares have staged a "sky floor". In general, individual stocks rose more than they fell, and more than 2800 stocks in the two cities rose. The turnover of shanghai and shenzhen cities today was 778.3 billion yuan, a contraction of 132.9 billion yuan from the previous trading day, and the trading volume of the two cities shrank sharply today. In terms of sectors, chicken farming, auto parts, pork, auto chips and other sectors rose in the front, and coal, real estate, securities, banking and other sectors fell in the front.
Plate aspect
Today's agricultural stocks are strong again, especially the chicken sector rose in the front, of which Xiaoming shares rose more than 10%, Minhe shares, Yisheng shares rose and stopped. On the news side, as the U.S. bird flu continues to spread, and the mainland is the largest importer of white feather chicken in the United States, it is expected to have an impact on the supply of white chicken on the mainland. According to Mysteel agricultural product data, the average price of chicken seedlings in the country rose from 0.69 yuan / feather on March 23 to 1.84 yuan / feather on April 13, an increase of 166.67%. Orient Securities believes that the downturn in the white chicken market has lasted for a long time, the marginal improvement signal appears, and the price will pick up with the supply pressure in the later period; at the same time, the North American avian influenza epidemic is gradually fermenting, and the domestic seed source supply risk is accumulating. Pay attention to the development of Sungnong, which has the ability to independent breeding and the integration of the whole industry chain, as well as the minhe shares and Yisheng shares in the upstream of the industrial chain.
On the other hand, stimulated by the news that Shanghai is gradually promoting the resumption of work and production, the auto parts and semiconductor sectors have performed strongly. Among them, the auto parts sector has set off a rising tide, the GEM Zhongjie Seiko, Bojun Technology, Ningbo Founder won a 20CM limit, Kabeiyi, Newtek, Dongjian Technology and other stocks rose by more than 10%. The above two major sectors have undergone huge corrections in the early stages, and there is a need for technical repairs themselves. Coupled with the news of today's resumption of work and production, the overall formation of a relatively strong deep rebound. However, it should be noted that the medium-term trend of the above two major sectors is still in the bearish trend of easy to fall and difficult to rise, and the accumulation of more trapped selling pressure above, combined with the current market hotspot maintenance time is generally short, it is still difficult to complete the trend reversal in one fell swoop, and its continuity remains to be observed after the release of positive sentiment.
Individual stocks
Chongqing Development, CCCC Real Estate and Nanguo Real Estate collectively staged the sky floor in the afternoon, and the high-level real estate stocks once again collectively retreated. As emphasized in last week's closing review, CCCC Real Estate and Chongqing Development can be regarded as a short-term high-standard emotional weather vane, and when they encounter concentrated selling pressure and a word kill, it is a signal that the real estate sector is weakening in the short term. It is expected that next, the real estate sector will need a period of consolidation to gradually repair the loss effect. But as of now, it is better that although the weights of real estate such as Poly Development, Vanke A, and China Merchants Shekou are not light today, they have not exploded an obvious amount of energy, which belongs to the category of reasonable increase and multi-pullback, and the medium-term trend has not been destroyed. Therefore, for the real estate sector as a whole, the follow-up focus will be on the weakened price of 1380 (Tongdaxin Real Estate Index), then in the case of the medium-term shock upward inertia is destroyed, then the time and space for the subsequent correction of the real estate will be further extended.
In recent years, the phenomenon of high-level stocks is more frequent, which can be regarded as a concentrated embodiment of the market's fear of heights, and behind it may mean that the market style is quietly changing. The most direct embodiment is that the individual stocks and height of the recent board have shown a significant decrease. Taking today as an example, in addition to the promotion of Changlian shares to 6 boards, the remaining stocks only have two completed 3 boards, and the short-term money-making effect has always shown a downward trend. On the other hand, some consumer white horse plates and even track weights have traces of capital repatriation and accompanied by certain signs of bottoming, in this context, the follow-up market style or will gradually change from short-term themes to institutional trends.
Aftermarket analysis
By the close, the Shanghai index was down 0.49%, the Shenzhen component index was up 0.37%, and the ChiNext index was up 1.11%. The Shanghai and Shenzhen Stock Connect is closed today due to Hong Kong public holidays.
Today's main board in the bank brokerage real estate and other weights dragged down slightly, and from the structural point of view, the market still maintains a more obvious range consolidation trend, whether it can break through the box high point of 3290±20 is the key to the medium-term strengthening, and before this repeated shock bottom of the trend will continue. The ChiNext board has rebounded under the recovery of semiconductors and photovoltaic track stocks, but the fly in the ointment is that the amount of today's rebound can be slightly insufficient, and whether it can further supplement the rise tomorrow is still the key.
On the sentiment side, it rose 2858, an increase of 1840 from the previous session. In the case of excluding ST stocks and new stocks that have not been opened, there are 77 companies that have risen and stopped, an increase of 38 over the previous trading day; 17 fried boards, which are 15 fewer than the previous trading day; 4 ChiNext stocks/science and technology innovation board stocks, an increase of 2 over the previous trading day; and 0 companies that have fallen and stopped, 1 less than the previous trading day.
In terms of sentiment indicators, with the collective ebb tide of high stocks, market sentiment has once again retraced to near the freezing point. However, today, the market oversold direction has emerged a good money-making effect, and when tomorrow can continue, market sentiment is expected to usher in a recovery.