Closing Commentary: Shanghai Composite Index Dips 0.12% Amid Tight Trading Range, Over a Dozen Xinjiang Stocks Reach Daily Limit

1 week ago / Read about 0 minute

Author：小编

On August 8, the A-share market exhibited narrow intraday fluctuations, with the Shanghai Composite Index closing 0.12% lower. Similarly, the Shenzhen Component Index and the ChiNext Index also closed marginally down. Market activity was mixed, characterized by a majority of stocks declining and only a handful advancing. Over 2,800 stocks across the market recorded losses. Notably, the Xinjiang sector gained momentum in the afternoon, with over ten stocks reaching their daily trading limits. Additionally, sectors such as high-speed rail and super hydropower witnessed rebounds. Conversely, AI application stocks declined in unison, with multimodal AI and semiconductor sectors leading the downturn.

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