A-shares closed higher: the Shanghai Composite Index rose over 1%, returning above 3900 points; the ChiNext Index rose over 2%.

PANews reported on March 25th that, according to Cailian Press, the A-share market rebounded today, with the Shanghai Composite Index rising over 1% and returning above 3900 points, while the ChiNext Index rose over 2%. The combined turnover of the Shanghai and Shenzhen stock exchanges reached 2.18 trillion yuan, an increase of 97 billion yuan compared to the previous trading day. On the market, hot sectors rotated rapidly, with over 4800 stocks rising, including 105 stocks hitting their daily limit, marking the second consecutive trading day with over 100 stocks hitting their daily limit. In terms of sectors, the power sector surged, with green power concepts leading the gains, and over ten constituent stocks hitting their daily limit. Huadian Liaoneng achieved eight consecutive daily limit increases, Shaoneng Shares achieved five daily limit increases in six days, and Guangdong Electric Power A achieved four daily limit increases in six days. The computing power leasing concept strengthened, with 263, Aorui, Litong Electronics, and Dawei Technology hitting their daily limit. The CPO concept performed actively, with Mingpu Optoelectronics, Aled, and Kechuan Technology hitting their daily limit. The fiber optic concept fluctuated upwards, with Tongding Interconnect achieving two consecutive daily limit increases, and Tefang Information hitting its daily limit.

On the downside, oil and gas stocks performed weakly, with Keli Petroleum and Tongyuan Petroleum both declining. At the close, the Shanghai Composite Index rose 1.3%, the Shenzhen Component Index rose 1.95%, and the ChiNext Index rose 2.01%.

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Author: PA一线

This content is for market information only and is not investment advice.

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