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Market Close: The ChiNext Index fell 2.7%, while the rail transit equipment sector rose against the market trend.
People’s Finance News on March 31: Today, the three major indexes traded with volatility and moved downward. By the close, the Shanghai Composite was down 0.8%, the Shenzhen Component was down 1.81%, and the ChiNext Index was down 2.7%. On the trading board, all sectors were broadly down. The rail transit equipment concept rose against the trend, with multiple stocks including China Railway Express and China Railway Engineering reaching the daily limit. Shares related to commercial aerospace were active, with Shenjian Co., Ltd. hitting four consecutive daily limits. The Fujian sector strengthened, and stocks such as Minfa Aluminum and Mindong Electric Power reached the daily limit. In addition, sectors including innovative drugs, banks, and liquor saw leading gains. Meanwhile, sectors such as lithium ore, semiconductors, coal, and oil were among the biggest decliners. Across the whole market, about 4,400 individual stocks fell, and total trading value was approximately 2 trillion yuan.