A-shares closed lower: The Shanghai Composite Index fell 1.7%, dropping below 4,000 points, with nearly 4,600 stocks declining across the market.

PANews, June 8th - According to Cailian Press, the market fluctuated throughout the day, with the ChiNext index falling over 3% and the Shanghai Composite Index falling over 1%, breaching the 4000-point mark. The combined turnover of the Shanghai and Shenzhen stock exchanges was 2.79 trillion yuan, a decrease of 276.5 billion yuan compared to the previous trading day. Market hotspots were scattered, with nearly 4600 stocks declining. In terms of sectors, the robotics concept bucked the trend, with Fengguang Precision achieving a 30% daily limit for the second consecutive day, Fenglong Shares achieving two daily limits in three days, and Ningbo Dongli and Daye Shares hitting their daily limits. The physics AI concept remained active, with Zhongwang Software and Fantuo Digital Innovation hitting their daily limits for 20%, and Tianyu Digital Technology and Nengke Technology achieving two consecutive daily limits. Oil and gas stocks rebounded, with Shandong Molong hitting its daily limit and Keli Shares rising over 10%. On the downside, the CPO concept fluctuated, with Huilv Ecology hitting its daily limit down, and Dekel and Cambridge Technology among others declining. The non-ferrous metals sector continued to weaken, with Yunnan Tin hitting its daily limit down, and Sichuan Gold, Xingye Yinxi, and Shanjin International among the biggest losers. At the close, the Shanghai Composite Index fell 1.7%, the Shenzhen Component Index fell 3.22%, and the ChiNext Index fell 3.69%.

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Author: PA一线

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

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