The market opened slightly high yesterday. Shanghai Composite Index opened above 2,600 points, and the big-cap tended to organize the main concussion all day. Barometer stocks maintained steady, while the individual shares mostly dropped. Turnover of the two markets slightly increased than that of the previous trading day. Meanwhile, international oil price continued surging, which drove the further raise in coal sector. Segments of banking, tourism & hotel and non-ferrous metal performed actively as well; contrarily, industries of pharmaceutical, electric equipment, education and media topped the plunge.
Recently, the market is positive in terms of policy, and turnover keeps flourishing; outburst is obvious as the big-cap is bouncing back. Optimistic performance of external markets creates a prominent developing environment for the A-share market; hot issuance of CS Funds indicates that the market capital is abundant. We predict the after-market will maintain the strong trend.