Market Turnover Has Shrunk Dramatically.

In fact, the volume of the paction has been shrinking for many days. Taking the Shanghai Composite Index as an example, the turnover has dropped from above 720 billion yuan, leaving only 460 billion 400 million yuan remaining yesterday.

Analysts believe that the market wait-and-see sentiment is strong, and the paction is increasingly deserted.

On Friday, the market began to oscillate, and after the afternoon rush, it fell again, indicating that there is still a demand for repeated grinding.

The turnover of the two cities is less than one trillion yuan. The characteristics of shrinkage are obvious, which means that the wait-and-see sentiment is warming up, and the market is hard to rise and fall.

Among them, "

In early trading, it showed strong strength, showing a strong motivation after the continuous callback.

In the current stage of shock bottom construction, the risk preference of investors has dropped significantly, and the market has begun to eliminate the false and retain the true.

Turnover has shrunk.

yesterday

The most obvious characteristics are two, one is the further shrinkage of the paction, the other is the "small and medium sized innovation". After a multi day adjustment, it showed a stable and stable situation on Friday. The overall performance is stronger than that of the main board market supported by the support fund.

At the close, the Shanghai Composite Index fell 42.04 points to 3663.73 points, or 1.13%, the Shenzhen stock index dropped 0.17% to 12374.25 points, the small and medium sized board rose 0.36% to 8336.12 points, and the gem index fell 0.83% to 2539.84 points.

The turnover of Shanghai and Shenzhen two cities is only 460 billion 472 million yuan and 417 billion 611 million yuan, which does not exceed trillion yuan.

In fact, the contraction has been going on for many days, taking the Shanghai Composite Index as an example. Since the market rally stopped last Friday, turnover has dropped from above 720 billion yuan, leaving only 460 billion 400 million yuan yesterday.

When the market rebounded, the volume of business was showing a moderate amplification.

For the shrinkage of the paction, analysts believe that this means that both sides have no strong desire to buy and sell, and the market wait-and-see sentiment is strong.

However, the positive aspect is that the shrinkage of the paction means that the market will reduce the selling pressure and it is difficult to make a big callback.

Friday's "Chuang Chuang" is actually predictable from the recent sell-off.

On the industry side, only 28 of the industries in the shin class industry have risen in food and beverage, household appliances, banking and building decoration industry, and the increase has not been over 1%.

Among them, the defense industry, which was outstanding in the previous few days, was also the most drastic adjustment on Friday, with a drop of 7.51%, far exceeding that of other sectors.

In addition, the decline in agriculture, forestry, animal husbandry, fishing, leisure services, communications and computers also exceeded 2%.

In terms of concept, the sub - sector was the strongest, rising by 2.82%.

At the same time, apple, sports, robotics, industry 4 and Shanghai Stock pass 50 index to maintain the red disk, the rest of the plate fell across the board.

Aircraft carrier, satellite navigation,

Civil aviation integration, biometrics and other sectors of the decline.

Short term, weak market in the main board of the bottom of the pattern of vibration continues, in the case of limited funds, small and medium-sized internal stock market or again rich, subject shares will also be repeated shocks.

Shock bottom construction

In the case of willingness to sell short, the bottom of the shock is still the main tone of the market in the short term.

In the case of policy stability, the overall market remained stable but fluctuated sharply within days.

On the news side, the Political Bureau meeting of the CPC Central Committee in July 30th analyzed the current economic situation and economic work, and put forward requirements for the second half of the year's economic work.

Huatai Securities believes that the top-level design plan for state-owned enterprise reform is expected to accelerate and Tibet's regional investment opportunities are highlighted.

Southwest Securities pointed out that the market need not panic too much.

For high quality stocks, falling market offers a good buy price.

In the short term, proper foam development has laid a more lasting foundation for development.

There is a significant contraction in current pactions, which means less money can bring the market back to liquidity, two melts continue to fall, and the pressure of deleveraging is largely relieved.

Haitong Securities recommends that, in the medium term, dig deep into the pformation growth stocks, it is recommended to continue to pay attention to the quality of the Internet plus and China made 2025 in the current round of industrial restructuring, and the two is to concern about the stable growth of white horse, because the risk appetite is restructured and the market is pursuing certainty; the three is concerned about the strong policy themes, such as the free trade area, the reform of state-owned enterprises and the "one belt road".