Midday Review: Shanghai Composite Index fluctuated rebounded, up 0.08% in half a day. The sports industry sector remains active.
The three major indices rose collectively in the morning session. By noon, the Shanghai Composite Index increased by 0.08%, the Shenzhen Component Index rose by 0.16%, the ChiNext Index was up by 0.32%, and the Beixin 50 Index fell by 0.72%. The total turnover in the market in the first half of the day was 728.5 billion yuan, down by 14 billion yuan compared to the previous day. 2000 stocks in the entire market rose. In terms of sector themes, the military equipment restructuring, football, and virtual power plant sectors led the gains, while the beauty and food processing and manufacturing sectors had the largest decline. On the market, the military equipment restructuring concept led the gains, with Construction Industry, DongAn Power, and Hunan Tianyan all reaching the limit-up. Sports industry concept stocks led the gains, with Jinling Sports hitting the limit-up for the third consecutive day, and Goco Lawn, Ice Hot, and Yuanlong Yatu all hitting the limit-up. The power grid equipment concept rebounded, with Zhongdian Xinlong, Xinlian Electronics, and Tianzheng Electric all hitting the limit-up. The beauty and healthcare sector trended lower, with L'Occitane and Runben shares leading the decline. The innovative pharmaceutical concept saw adjustments, with Qianhong Pharmaceutical and Kexing Pharmaceutical leading the decline.
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