March 13 Midday Review: Three Major Indices Decline Slightly, Wind Power and Chemical Sectors Continue to Strengthen

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  1. The Shanghai Composite Index fluctuated and adjusted in the morning, while the ChiNext Index surged and then pulled back. The chemical sector continued to strengthen, with Chengxing Shares, Luhua Technology, and Jinzengda hitting the daily limit. The wind power sector maintained its upward momentum, with Tongyu Heavy Industry and Tianshun Wind Energy hitting the limit. The battery industry chain surged, with Putailai and Wanli Shares hitting the limit. On the downside, the large financial sector declined, with Nanhua Futures hitting the limit down; the computing power leasing concept declined, with Meili Yun hitting the limit down. Most individual stocks rose, with about 2,900 stocks in Shanghai, Shenzhen, and Beijing markets gaining. The total turnover in the first half of the day was 1.52 trillion yuan. At midday, the Shanghai Composite Index fell 0.22%, the Shenzhen Component Index fell 0.17%, and the ChiNext Index fell 0.03%.
  2. In terms of sector concepts, phosphor chemical, wind power equipment, batteries, and steel led the gains; precious metals, cloud computing, diversified finance, and power grid equipment lagged behind.
  3. A total of 2,790 stocks in the two markets rose, with 53 hitting the daily limit; 2,282 stocks declined, with 6 hitting the limit down; 13 stocks were halted from trading, with a halt rate of 23%.
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