Market Close: The Shanghai Composite Index fell 0.8%, with sectors like oil and electricity declining, while high-speed rail concepts remained active against the trend.

MetaMuskRat · 2026-04-01T10:50:49+00:00

On March 31, the major stock indices in the A-share market declined across the board, with the ChiNext Index and the STAR Market Index falling more than 2%. The Shanghai Composite Index closed down 0.8%, with market turnover of approximately 2.01 trillion yuan. Coal, electricity, and other sectors performed poorly, while the banking sector rose against the trend. CITIC Construction Investment Securities pointed out that the easing of the US-Iran situation still carries the risk of escalation, recommending attention to future market sentiment and waiting for opportunities to position in stocks with growth potential.

MetaMuskRat

2026-04-01 10:50:49

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On March 31, the major stock indexes across both markets all fell across the board. The ChiNext Index and the STAR Market Comprehensive Index both dropped more than 2%, and nearly 4,400 A-shares traded with prices in the green.

By the close, the Shanghai Composite Index fell 0.8% to 3,891.86 points, the Shenzhen Component Index fell 1.81%, the ChiNext Index fell 2.7%, and the STAR Market Comprehensive Index fell 2.48%. Total trading volume across the Shanghai, Shenzhen, and Beijing markets was approximately 2.01 trillion yuan.

On the trading board, sectors such as coal, petroleum, power, utilities/gas, chemicals, and semiconductors declined. The banking sector rose against the trend, while the high-speed rail concept showed strong momentum. Sectors such as innovative drugs and sports concepts were active.

CITIC Securities stated that the situation regarding the U.S.-Iran conflict has cooled somewhat, and fear and panic sentiment in global markets has been restored. However, the U.S. military’s latest deployment plan targeting Iran still indicates risks that the conflict could escalate, so market sentiment fluctuations over the coming month should be watched closely. Currently, the A-share market’s adjustment is relatively sufficient; investors can wait for buy-the-dip signals and deploy positions opportunistically. Going forward, the A-share market will focus on energy security and industries benefiting from high inflation, high-cash-flow products, growth sectors that are more likely to be mistakenly sold off, and cyclical sectors with relatively low valuations.

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