Midday Report: Shanghai Composite Index up 0.64% at Midday, Military Industry Sector Booming Across the Board
The three major stock indexes closed higher collectively in the morning session. In terms of sectors, the military industry sector surged across the board in the morning session, with aviation leading the gains. Shares of Tongyi Aerospace rose by the daily limit of 30cm, while Morning Light Aviation and Aerospace Long Peak also hit the limit during the session. Real estate stocks performed strongly, with Sanxiang Impressions and Tianbao Construction both hitting the daily limit. The concept of brain-computer interface was active, with Dinike rising by 20cm and Qisheng Technology hitting the limit during the session. The film and television exhibition sector adjusted, with Shanghai Film leading the declines. Gaming stocks fluctuated lower, with Electric Soul Network and Glacier Network leading the declines. AI concept stocks weakened, with Runze Technology and TaxFriend Co., Ltd. leading the declines. Overall, there were more rising stocks than falling stocks, with over 3400 stocks rising. As of the midday close, the Shanghai Composite Index was at 3337.23 points, up 0.64%; the Shenzhen Component Index was at 10101.18 points, up 0.19%; and the START Index was at 1994.38 points, up 0.40%. On the market, military equipment, aviation engines, and rental and sales equal rights sectors were among the top gainers, while film and television exhibitions, gaming, and AI concept sectors were among the top decliners.
Latest