On December 2, the three major stock indexes of A shares opened lower and then fluctuated narrowly. The Shenzhen Component Index and the Growth Enterprise Market Index both fell more than 1% at one point, while the Shanghai Composite Index dropped below 3900 points. The total turnover of Shanghai and Shenzhen stock markets decreased by 280.5 billion yuan.
By the close of the market, the Shanghai Composite Index had fallen by 0.42% to close at 3897.71 points; the Shenzhen Component Index dropped by 0.68% to 13056.70 points; and the Growth Enterprise Market Index fell by 0.69% to 3071.15 points. The performance of the ChiNext 50 Index was relatively weaker, with a decline of 1.24%.
The turnover of Shanghai and Shenzhen stock markets was 1.5933 trillion yuan, a decrease of approximately 280.5 billion yuan compared to the previous trading day. Mainstream funds showed a net outflow of 58.807 billion yuan, reflecting a cautious market sentiment.
In terms of individual stocks, more stocks fell than rose, with 3740 stocks in Shanghai, Shenzhen, and Beijing declining, while 1544 stocks rose.
In the declining sector, previously popular sectors experienced a pullback. The energy and non-ferrous metal sectors, led by the lithium battery industry chain, performed poorly, with Stone Group falling by more than 7%. Meanwhile, sectors such as new energy vehicles, semiconductors, AI applications, photovoltaics, and shipping all showed weakness, with China Merchants Shipping hitting the limit down, exerting significant drag on the index. Concepts like film and television, GPUs, and robotics also had significant declines.
The direction of A shares has always been a topic of online attention.
Fund blogger “Road to Wealth through Funds” wrote, “Today’s turnover has reached 1.5 trillion, a significant decrease in turnover.”
Financial blogger “Xie Xiaozong” commented, “The significant decrease in turnover today is a bit severe! In this situation, most stocks are not rising, and people are hesitant to sell the ones that are falling, while they do not want to chase after the ones that are rising. It’s a flat market.”
Weibo influencer “Old Stock Investor Zhang” said, “Another decline in turnover, what will happen in the future? Yesterday’s increase in turnover provided a decent rebound, but today it returned again. The Shanghai Composite closed at 3897, unable to hold above the 60-day moving average. The turnover decreased by 280.5 billion, totaling 1.59 trillion in both markets, returning to the volume levels of last week. Over 3700 stocks fell today, with significant loss effects.”