摘要：who have been bullish on short-term market move. Fortunately, the advancing stocks far outpaced the losing ones given that more th

It’s clearly been an exceedingly uneventful day today for a myriad of ever-optimistic obstinate hidebound veteran market observers

who have been bullish on short-term market move. Fortunately, the advancing stocks far outpaced the losing ones given that more than 3,500 stocks rose under the weight of a fresh wave of market rout. Notoriously, additions and modifications to the entity list from the US appeared to have throughly reignited the market euphoria of tech stocks. Indeed, this upshot might have accounted for why the small-cap tech stocks far outperformed the mega-cap blue chip stocks on Wednesday. The Shanghai Composite Index, which opened more than 4 points lower, went straight up shortly after the opening, ate into its gains, gradually lumbered up, reclaimed its losses, for a time swelled as much as 0.36% earlier in the session, was up almost 6 points around lunchtime, slipped into negative territory in early afternoon trading, traded sideways with barely ten minutes to go until the market closed, at last was essentially unchanged, or down 0.04% and dropped for the second day in a row. The Shenzhen Component Index, which shed 0.12% at its opening, swiftly leapt in the first few minutes of trading, slowly trudged up, at one point jumped as much as 0.50% by 9:58 a.m. to its highest level of the day, gradually careened lower in early trading, ratcheted up, was up almost 39 points around lunchtime, flirted with correction territory shortly before the afternoon trading, gave up its losses, recouped its losses, slowly moved lower in the last thirty minutes of trading, closed with a loss of 0.05% and logged its second consecutive day of losses. The tech-focused ChiNext Index, which opened down 0.11%, came up precipitously in the opening minutes of trading, gradually bumped up, at one time climbed as much as 0.57% earlier in the day, reached its zenith, was up almost 8 points around lunchtime, pared back its gains, tilted into correction territory, clawed back its losses, slowly seesawed lower in the hour leading up to the close, reached its nadir, eventually dipped the most among major stock indexes with a 0.26% downswing and notched a two-day losing streak. Chemical fiber industry was the biggest winner of the day, up 3.39%. Electrical machinery was in second place, up 3.24%. Automobile service came in third with a gain of about 2.94%. Shipbuilding was the worst performing sector, down 0.74%. Coming in second place was banking, down 0.69%. Extractive industry was the third worst performer, down 0.54%. In addition, the already embattled domestic stock markets witnessed a net outflow of CN¥104 billion and the combined turnover on the Shanghai and Shenzhen bourses was in excess of CN¥1.1543 trillion. Truth be told, the policymakers have made significant headway in the process of safeguarding stabilization in recent trading sessions. Notoriously, the previously beleaguered domestic equity markets have been tottering in the brink of a new bout of market carnage. Now mull over what the savvy levelheaded perspicacious pusillanimous risk control pundits implicate - the downward trend has not yet been reversed at this exceedingly pivotal conjecture. In reality, it’s not hard to understand why the sense of vigilance has been very palpable in the already floundering domestic equity markets in the indicate and complex situation. From a pure market perspective, a narrow range of volatility and unremitting contraction of trading volume appeared to have prognosticated that all three major stock indexes should open slightly lower and close sharply lower on Thursday in this exceedingly tumultuous global market environment.

来源：新柔教育