A shares closed on Monday, the Shanghai Index Daily Sanlian Yin Organization: The market stabilizes at the bottom

Zhongxin Jingwei, September 19th. On the 19th (Monday), the three major indexes of A shares fell collectively. The Shanghai Index tested 3100 points, and the daily lines were three consecutive; the GEM index fell for five days.

As of the closing, the Shanghai Stock Exchange Index fell 0.35%to 3115.60 points; the Shenzhen Index fell 0.48%to 11207.04 points; the GEM index fell 0.72%to 2350.38 points. The turnover of the two cities was 665.3 billion yuan, a new low of the year, a shrinkage of 134.1 billion yuan from the previous trading day.

Source of the Shanghai Index throughout the day: Wind

Medical Beauty Plate Found

On the disk, a few sectors such as hotel catering, attractions, cars, and beverage manufacturing are active; retail stocks have rebounded sharply near the end, and Renren, ZTE Commercial, and Zhongbai Group have risen their daily limit.

The medical beauty sector has plummeted, and the Huaxi biological disk fell more than 14%, and the beauty guests once fell nearly 13%. Medical equipment and other sectors have fallen first. Digital currency concept stocks were weakened, the divine electronic disk fell more than 10%, the male emperor technology fell nearly 9%, and Chutianlong, Tianzhang Information, and Lakara fell more than 7%.

The rise and fall of all trading stocks in Shanghai and Shenzhen was 1146: 3680. The daily limit of the two cities and 45 daily limit. N Dubang, N Zhengte, N Pava, Nth Wan Dekai, and N Huabao's five new shares were officially listed today.

Today's daily limit shares are as follows: Xinhua Lianlian (10.00%), Tongda (9.99%), Zhejiang Shibao (10.03%), Huatian Hotel (9.98%), and Guangyang shares (10.00%). Part of the limit shares are as follows: Longxing Chemical (-10.03%), Meizhi (-9.96%), Shenkai shares (-9.91%), Hualian Chao Chao (-10.03%), Lotong (-9.97%) Essence

The first five shares of the turnover are: Debon Technology, Jiahua, Liren Technology, Pava, and Runbei Airlines, respectively 79.397%, 72.562%, 59.074%, 52.846%, and 50.247%.

In terms of northbound funds, the net inflow of northbound funds exceeded 3.7 billion yuan throughout the day, of which the Shanghai stocks were flowed over 1.6 billion yuan, and the deep shares flowed for more than 2.1 billion yuan.

Institution: The market is stable at the bottom

Last week, the A -share market was adjusted sharply. What is expected to perform this week?

According to the analysis of CITIC Securities, since September, the rapid interest rate hikes have continued to heat up overseas, trade dispute disturbances are intensive, incremental funds are limited, the positioning structure is unbalanced, and fierce expectations of the game exacerbate market fluctuations. Looking forward to the market outlook, although the current market conditions are better than April, and there are opportunities for the left side configuration, the most secure right entry time is expected to be in October.

Judging from the recent disturbance factors, the U.S. inflation exceeds expectations of rapid interest rate hike expectations, which has exacerbated the fluctuation of short -term RMB exchange rates. Trade -related frictions frequently appear, causing concerns of investors' external demand stability.

From the perspective of the liquidity of the stock market, the inflow of incremental funds continues to slow down, the position of the stock funds remains high, and the position structure is still unbalanced.

From the perspective of the market rhythm, the overall market valuation of the current market is reasonable, and absolutely attractiveness is slightly inferior to the end of 2018. There are opportunities for the left side configuration. The entry is more secure.

In terms of configuration, CITIC Securities suggested that investors firmly "eagerly cold", focusing on continuing to part of the early -stage industry.

CITIC Construction Investment Securities pointed out that the main reason for the recent weakening of A shares is external disturbances, including the U.S. inflation data in August exceeding expectations and ultimately affecting US bond interest rates and RMB exchange rates. Looking forward to the market outlook, market emotional indicators have entered extreme areas. With the panic, it can gradually layout. The recent adjustment of the market reflects the pessimistic expectations of external events, but in fact, some positive signals have appeared in China's recent economy. The market has stabilized at the bottom, and the heat needs to be further picked up.

Looking forward to the future, CITIC Construction Investment Securities believes that the United States is in a gentle decline in the United States' inflation, while China needs to stabilize, and the trend is better than the United States. At the same time, the full A P / E ratio fell, the implicit risk premium broke the historical 90 -point line, and the emotional indicators entered the extreme area.

In terms of configuration, "big security" is an important mid -term investment clue, such as industrial chain security, national defense security, scientific and technological information security, energy security, food security, etc. At the same time, there are still high -quality companies in the first season of the peak season that are expected to be expected, which are worthy of low positions, such as military industry, semiconductor equipment and materials, agriculture, food and beverages, real estate, energy storage, wind power, photovoltaic, etc. (Zhongxin Jingwei APP)

(The views in the article are for reference only, do not constitute investment suggestions, have risks in investment, and need to be cautious to enter the market.)

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