A-share market close: ChiNext Index and Shenzhen Component Index rebound amid fluctuations, STAR 50 Index surges 3.84%

PANews, June 18 – According to a June 18 report by Cailian Press, the three major indexes were mixed. The ChiNext Index and the Shenzhen Component Index rebounded in a volatile session, while the STAR 50 Index surged 3.84%. Zhongji Innolight’s total market capitalization surpassed that of Kweichow Moutai. Combined trading volume on the Shanghai and Shenzhen exchanges reached 3.31 trillion yuan, an increase of 218.3 billion yuan compared to the previous trading day. On the market, hot sectors rotated rapidly, with over 3,300 stocks declining across the board. By sector, the chip industry chain rallied swiftly, with Cambricon Technologies surging over 14% to a record high, and Shengjian Technology hitting the daily limit up for the second consecutive session. The CPO concept repeatedly strengthened, with Accelink Technologies hitting the daily limit up twice in four days and reaching a record high. The PCB concept continued its strong momentum, with Shiming Technology hitting the 20% daily limit up for the second straight session, and Zhongjing Electronics, Hengtong Co., and Xianfeng Holdings all hitting the daily limit up. The innovative drug concept fluctuated and rebounded during the session, with Huasen Pharmaceutical, Haixin Co., and Joinn Laboratories hitting the daily limit up. On the downside, the power sector underwent volatile adjustments, with Shennandian A hitting the daily limit down. The broader financial sector continued to weaken, with Xiamen Bank, China Pacific Insurance, New China Life Insurance, and Ping An Insurance all declining. At the close, the Shanghai Composite Index fell 0.43%, the Shenzhen Component Index rose 0.94%, and the ChiNext Index gained 2.05%.

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Author: PA一线

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

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