On November 7, the market opened low and rose high, with the Chinext Price Index leading the gains, the Shanghai Composite Index up 2.57%, the Shenzhen Component Index up 2.44%, and the Chinext Price Index up 3.75%. The brokerage sector surged, with Citic Securities and East Money Information hitting record highs, driving up the stocks of diversified finance. Market trends show a mix of highs and lows, with active domestic consumption driving significant increases in baijiu, food processing, agriculture, and winter sports sectors.
Financial Association News reported on November 7 that the market opened low and rose high throughout the day, with the Chinext Price Index leading the gains. By the close, the Shanghai Composite Index was up 2.57%, the Shenzhen Component Index up 2.44%, and the Chinext Price Index up 3.75%.
Today's market once again demonstrates that with trading volume maintaining around 0.02 million yuan, the market's resilience should not be underestimated. Especially in the brokerage sector, known as the "leader of the bull market," stocks surged strongly right from the afternoon opening, with Citic Securities leading the way and hitting the price limit, while East Money Information also saw record highs. This momentum also boosted other diversified finance stocks, with several financial stocks reaching new highs in this round of market activity by the close.
Furthermore, today's market style clearly showed a mix of highs and lows, with high-priced stocks continuing their retreat, but relatively lower-priced domestic consumption sectors showing active performance. Baijiu, food processing, agriculture, and winter sports sectors all saw significant rises.