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closing review: shanghai composite index bottomed out and rebounded slightly, and ict concept stocks broke out across the board

2024-09-20

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phoenix finance reported that on september 20, the market bottomed out and rebounded throughout the day, with the three major indexes rising and falling. as of the close, the shanghai composite index rose 0.03%, the shenzhen component index fell 0.15%, and the chinext index fell 0.64%.

in general, more stocks fell than rose, with nearly 3,500 stocks falling in the market. the turnover of the shanghai and shenzhen stock markets today was 574.7 billion, down 52.3 billion from the previous trading day.

on the market, ict concept stocks broke out across the board, with smart government affairs, state-owned cloud and other directions soaring. more than 10 stocks such as tongdahai, renzixing, changshan beiming, nantian information, and tuowei information hit the daily limit. real estate stocks rose again, with yufafa, electronic city, and haitai development hitting the daily limit. internet of vehicles concept stocks moved abnormally during the session, with yitong century, wan'an technology, qiming information, and jingyeda hitting the daily limit. state-owned enterprise reform concept stocks continued to be active, with more than 20 stocks such as baobian electric, oriental communication, datang telecom, and baota industry hitting the daily limit. on the decline, innovative drug concept stocks began to adjust, and hainan haiyao was close to the daily limit. in terms of sectors, smart government affairs, precious metals, real estate, software development and other sectors had the largest gains, while innovative drugs, photovoltaic equipment, batteries, and biological products had the largest declines.