The three major stock indexes have all broken down, and the market value of A shares is 1.6 trillion. What exactly happened?

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The three major stock indexes have all broken down, and the market value of A shares is 1.6 trillion. What exactly happened?

2019-04-25 21:30:12 367 ℃

猝不及防! A shares fell sharply again. < p > < p > < p > eating hot pot singing, looking forward to the second wave of the bull market, unexpectedly there will be a big negative line, the three major stock indexes missed the 20-day average.

< p > A shares fell sharply today, with the Shanghai Stock Exchange Index falling 2.43%, to 3123.83, the Shenzhen Stock Exchange Index falling 3.21%, and the GEM Index falling 2.84%. Nearly 100 stocks have fallen and stopped, only 26 stocks have risen and fallen, the whole industry sector has been overwhelmed, and the hot hydrogen energy concept stocks in the early stage have fallen and stopped, with a turnover of 733.4 billion yuan in the two cities. The net outflow of funds from Beihang is 1.706 billion yuan.

Today, 3325 stocks in the two markets fell, only 325 stocks rose, and the value of A-share market also declined by 1.62 trillion yuan, from 58.17 trillion yuan yesterday to 56.55 trillion yuan at today's close. The strategy of

Anxin Securities holds that the easiest time for money is likely to be over, and that the core benefits of the spring market, from fundamentals to liquidity expectations, have also been realized, so the overall opportunity of the index may come to an end. Haitong Securities Strategy holds that macro-policy slack pattern remains unchanged, but has begun to fine-tune. Future basic data may still be repeated, and it is difficult for the market to enter the second phase of the bull market fundamentals relay. The long-term logic of the bull market remains unchanged, while the short-term carefully skipping.

< p> Private equity said that the short-term rise was too large, the near-term benchmark reduction expectations frequently failed, strong stock callbacks killed and fell, and many other factors combined, leading to a sharp correction in the market today.

bull market is facing the longest adjustment:

fell below the 20-day average

Today, the Shanghai Stock Exchange Index plunged 2.43% again, closing at 3123.83, the morning session was low, the afternoon was low, basically no resistance, basically a barefoot shadow line, not only failed to counter-attack 3200 points, but also faced with 3100 points of defeat.

20-day average, which has been used by many investors as an important indicator of market strength, has broken all three major stock indexes.

< p> The Shanghai Index has gone out of four consecutive negative trading days this week, falling 4.49% in four days. The time and range are the strongest since this bull market. After exploring the 20-day average yesterday, today's opening market missed the 20-day average, and then plummeted all the way away from the average; Shenzhen Securities Index and GEM Index also broke the 20-day average. < p > < p > < img SRC = "/ 1ydzximg / 0Lpvzb70my" / > < / P > < p > Volume energy, yesterday's turnover 652 billion yuan, refreshing the new low since the outbreak of the bull market on February 25, today's slump releases some volume energy, trading volume is 733.4 billion yuan, but with the previous boom in the volatile trillion trading volume is very different. < p > < strong > < strong > < strong > < strong > < p > < strong > < strong > < strong > concept stocks fell < / strong > < p > < strong > concept stocks fell < / strong > < / P > < p > industry, all sectors were covered by the army, environmental protection, IT equipment, electrical equipment, gas heating, chemical industry, automobiles and other declines were larger, agriculture, banking, food and beverage, insurance, medical and other relative resistance to decline.

Subject concepts, pork, generic drugs, biological vaccines and other performance anti-drop, hydrogen energy, fuel cells, graphene, OLED, industrial cannabis and other pre-strong themes have fallen sharply. Hydrogen energy is setting off a stop-and-fall tide, Meijin Energy, Kellon, Lifan and Hope & Poor's shares have stopped falling one after another.

The two cities'stocks fell all the way, with 3325 falling stocks, 237 rising stocks, 99 falling and stopping stocks and 26 rising stocks.

A-share market value declined 1.62 trillion yuan a day

today, and A-share market value also declined by 1.62 trillion yuan, from 58.17 trillion yuan yesterday to 56.55 trillion yuan today's closing price.

Foreign capital flows out again

In today's sharp fall, the capital flows out of the mainland stock exchange in the north are 1.706 billion yuan, of which the net outflows of Shanghai stock exchange are 618 million yuan, and that of Shenzhen stock exchange is 1.088 billion yuan.

Today's net outflow is also the fourth consecutive trading day of northbound capital outflow. In the last 12 trading days, northbound capital inflow is only one day on April 16, and the other 11 trading days are all net outflow. In last weekend's strategy, Haitong Securities expressed short-term caution and Anxin Securities indicated that short-term overall opportunities might come to an end.

Haitong Securities Strategy indicated that the market performance was flat after the beautiful financial and economic data, indicating that the positive has been increased by Price in the early stage of the market, and the first stage valuation recovery of the bull market since the Shanghai Composite Index 2440 has been considerable. Haitong Securities Strategy holds that macro-policy slack pattern remains unchanged, but has begun to fine-tune. Future basic data may still be repeated, and it is difficult for the market to enter the second phase of the bull market fundamentals relay. The long-term logic of the bull market remains unchanged, the short-term careful car-slipping, the stage banks are both offensive and defensive, focusing on policy themes.

Anxin Securities Strategy: Overall Opportunities may come to an end

Anxin Securities Strategy indicates that considering the current overall environment, it is likely that the most relaxed monetary time has passed, and the core advantage of spring market has been realized from fundamentals to liquidity expectations. Therefore, the overall opportunity of index may come to an end and the focus of future structural opportunities. Pay attention to reform and transformation.