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2026-04-08 15:04:40
[A-share market closing review: Shanghai Composite Index rose 2.7%, more than 5,100 stocks rose, US-Iran ceasefire ignited tech stocks and gold sector] (1) The three major A-share indices rose collectively: Shanghai Composite Index rose 2.7%, Shenzhen Component Index rose 4.79%, ChiNext Index rose 5.91%, and Beizheng 50 rose 4.56%. The total market turnover was RMB 2,450.6 billion, an increase of RMB 827.1 billion from the previous day, and more than 5,100 stocks rose. (2) The news of the US-Iran ceasefire boosted risk appetite, and tech growth stocks (semiconductors, CPO, PCB, etc.) rose collectively, with companies such as Zhongji Xuchuang and Xin Yisheng hitting record highs; gold stocks followed the rise in international gold prices, with many stocks such as Hunan Baiyin hitting the daily limit; the Wensheng video sector rose sharply due to the "Happy Horse" model topping the global rankings, with companies such as Chinese Online among the top gainers; the memory chip, computing power leasing, and commercial aerospace sectors also rose sharply. (3) On the other hand, the ceasefire led to a sharp drop in international oil prices, and oil and gas stocks fell collectively. Zhongman Petroleum, Beken Energy and Blue Flame Holdings hit the daily limit down, and CNOOC and others followed suit. The oil and gas exploration and service and coal mining and processing sectors lagged behind.
