ETF Closing Review | The construction materials Sector surged, with the construction materials ETF and the E Fund construction materials ETF hitting the limit up.

On July 21, Glonghui reported that the three major A-share indices rose collectively today, with the Shanghai Composite Index up 0.72%, the Shenzhen Component Index up 0.86%, the GEM Index up 0.87%, and the North Stock 50 Index up 2.38%. The trading volume in the Shanghai, Shenzhen, and Beijing markets reached 1,727.1 billion yuan, an increase of 133.9 billion yuan compared to the previous day. Over 4,000 stocks in the All Market rose, with more than 110 stocks hitting the daily limit. In terms of Sector themes, renewable water energy, Construction Machinery, Cement, steel, power grid equipment, and new urbanization sectors led the gains; cross-border payment, Bank, education, and lithography machine concept stocks experienced significant losses. In terms of ETFs, the building materials sector soared, with the Harvest Fund Building Materials ETF, Guotai Fund Building Materials ETF, and E Fund Building Materials ETF hitting the limit, with the latest premiums and discounts at 2.73%, 2.68%, and 2.52%, respectively. The infrastructure sector also climbed, with the Huaxia Fund Infrastructure 50 ETF, Guotai Fund Infrastructure ETF, Yinhua Fund Infrastructure ETF, and GF Fund Infrastructure 50 ETF rising by 7.27%, 6.66%, 6.41%, and 6.27%, respectively. The machinery sector showed active performance, with the GF Fund Construction Machinery ETF and Da Cheng Fund Construction Machinery ETF rising by 4.84% and 4.42%, respectively. Some US stock ETFs saw significant declines, with the S&P Biotechnology ETF and Nasdaq Biotechnology ETF falling by 1.59% and 1.11%, respectively. The innovative drug sector overall pulled back, with the Innovative Drug Company ETF, Drug ETF, and Yinhua CSI Innovative Drugs Industry ETF down by 1.46%, 1.32%, and 1.08%, respectively. The CNI Xiangmi Lake Fintech Index sector continued to weaken, with the Fintech ETF and Huaxia Fintech ETF falling by 1.1% and 1.08%, respectively.