A-shares Market Wrap-up: Shanghai Composite Index rebounds with reduced volume, up 1.78%, over 5,100 stocks in the entire market finish in the green

The three major A-shares indices rose collectively today. By the close, the Shanghai Composite Index was up 1.78%, the Shenzhen Component Index rose 1.43%, the ChiNext Index increased by 0.5%, and the Beijing 50 Index gained 1.94%. The total trading volume in the Shanghai, Shenzhen, and Beijing markets was 20.96 billion yuan, a decrease of 35.2 billion yuan compared to the previous day, with over 5,100 individual stocks rising across the three markets.

In terms of sectors, military industry, environmental protection equipment, green power, CRO concepts, sports industry, industrial metals, port shipping, fiber optics, real estate, chemical fibers, and PCB concept stocks led the gains. The oil and gas extraction and service, insurance, and coal mining and processing sectors lagged behind. On the market, the National Bureau of Statistics again emphasized the supporting role of green power, with over 20 stocks including Huadian Liaoning Energy, Huayin Electric Power, and Green Power reaching their daily limit.

The ongoing global turmoil and potential conflict risks propelled the military sector to surge, with over 10 stocks including Great Wall Military Industry, Construction Industry, and Furui Shares hitting their price limits. Technology growth stocks like fiber optics and PCBs saw a late-session rebound, with stocks such as Yangtze Optical Fiber and Jin’an Guoji reaching their daily limits. Additionally, several sectors including environmental protection, CRO, and the sports industry rebounded. On the other hand, the oil and gas extraction and service sector followed the international oil price correction, with stocks like Tongyuan Petroleum, Intercontinental Oil and Gas, and Shouhua Gas declining.