Transaction volume of a shares approaches trillion again
CICC analyst Li qiusuo released the research report, from the index price trend and form, the Shanghai Composite Index has been operating in the shock Center since July this year; in early November, it began to rebound at the daily line level at the lower edge of the center, and recently it is close to the upper edge of the center again. As the index enters the chip concentration area, it may encounter some upward resistance. At present, we are more inclined to believe that the weekly rise of the Shanghai Composite Index since March this year is expected to continue, which also means that the weekly closing price of the index will break through 3400 points. However, to achieve an upward breakthrough requires the efforts of backward sectors. With the accelerated development of vaccine research and development, investors have marginal repair on growth expectations, and value style is more likely to become the driving force. Therefore, financial and cyclical sectors are also involved Or there will be periodic performance opportunities.
Coal flying color dance, pro cyclical plate explosion
In terms of the plates rise and fall, the coal sector rose by more than 5%, ranking first. At the same time, power generation equipment, construction machinery, basic metals, automobiles and other sectors increased by more than 3%. Even the energy equipment and oil and gas sector, which has fallen sharply since this year, has also increased by more than 2%.
From the rise of the first coal plate, Zhengzhou coal power, Datong coal industry, Xishan coal power, Yanzhou Coal and other stocks were trading.
According to the analysis of YueKai securities, the rising logic of the coal industry in the near future mainly comes from (1) the demand side, and the vaccine is expected to help repair the global economy, which will drive the demand for upstream resource products; (2) on the supply side, the competition pattern of the coal industry is continuously optimized, and the operation efficiency and resource utilization rate have been improved; (3) the coal price in the early stage of this year is relatively low, and the valuation has a large margin of safety.
Deppon securities analyst Cai Yiwei released the research paper that at present, a shares still have good investment value, and the future structural market is expected to continue. At the same time, the uncertainty of the US general election basically fell, and the certainty of future economic recovery was strengthened. On the one hand, it improves the markets expectation of accelerating the recovery of cyclical industries; on the other hand, the tightening of monetary policy will put pressure on the stock prices of high-tech growth enterprises with early overvalued value. In November, the performance of cyclical industries is obviously better than that of other industries, and will still be the main line of the market this year. It is believed that in the short term, non-ferrous metals, real estate and financial industries can continue to be concerned, and the leading companies in various industries have long-term investment value.
The capital inflow of Beishang is 10 billion yuan
On November 23, the net inflow of Beishang capital was 10.051 billion yuan, which lasted for three consecutive days. The net inflow of this month was 46.191 billion yuan. Since October, it has been five days since October that the net inflow of capital has exceeded 10 billion yuan per day, which shows that the A-share market has a strong attraction for foreign capital.
Judging from the number of days in which the net inflow of northbound capital exceeded 10 billion yuan this year, there were 15 days, including 3 days in November, and 3 days in July, the previous wave of market rally. In addition, with the same sharp rise in financial stocks, will the market trend in November replicate the one in early July?
Moreover, since the opening of the Shanghai Shenzhen Hong Kong stock connect, the number of days in which the net daily inflow of funds from the North exceeded 10 billion was only 22 days, while before the end of this year, there were 15 days when the net inflow exceeded 10 billion. And from the market trend of 5 days and 10 days after the net purchase of more than 10 billion yuan in a single day, both Shanghai and Shenzhen stock markets rose sharply in most of the time.
The net outflow of main capital is about 2 billion yuan
The balance of the two financial institutions rose in shock
Recently, the balance of the two financial institutions has risen. As of last Friday (November 20), the balance of A-share margin trading was 1563.419 billion yuan, down 584 million yuan from 1564.403 billion yuan in the previous trading day. Last week, the market as a whole maintained high volatility. At the end of September, the balance of the two financial services was 1.47 trillion yuan. After the national day, the balance rose rapidly, with an accumulated increase of more than 70 billion yuan.
At the same time, the financing balance of some companies also increased rapidly. Wind statistics show that, last week, the financing balance of 40 stocks increased by more than 10%, the latest financing balance exceeded 500 million yuan, and accounted for more than 1% of the current market value. Specifically, the financing balance of Changan Automobile increased by 96.11%, ranking first; in addition, the growth rate of financing balance of Xinan shares, Shenhuo shares, Huaneng hydropower, Tongling Nonferrous Metals, Yunan Aluminum Co., Ltd., Binglun environment, otejia, AVIC heavy machinery, COSCO Haikong, Ruike laser, Dongcheng pharmaceutical, BYD and other companies increased by more than 20%.
Source: Wind Information Editor: Yang Qian_ NF4425