A-share reviews | The Shanghai Index rose slightly and both hurt and weakened, and the sugar industry agricultural chain set off a wave of gains and came to a standstill

The Zhitong Finance App learned that on September 8, the three major A-share indices had mixed ups and downs, while the Shanghai Index rose slightly and both weakened. At the close, the Shanghai Stock Exchange Index rose 0.20% to 3940.55 points, the Shenzhen Securities Index fell 0.52% to 13703.21 points, the GEM index fell 1.15% to 3359.72 points, Science and Technology Innovation 50 fell 1.52% to 1591.00 points, and the Beijing Stock Exchange 50 fell 0.97% to 1086.25 points. The turnover of the Shanghai and Shenzhen markets was 19.335 billion yuan, an increase of 14.316 billion yuan compared to the previous trading day. The entire market rose 3,417 companies, fell 2,06 companies, rose and stopped 75, and dropped 1. The share of rising individual stocks was about 61%. On the sector side, sectors such as sugar, sugar substitutes (sweeteners), planting, agricultural product processing, fertilizer and pesticides, coke, oil service engineering, and real estate services registered the highest gains; sectors such as EDA, liquid metals, automotive chips, semiconductors, electronic chemicals, electronics, consumer electronics, and liquid cooling registered the highest declines.

driving factors

International sugar prices have risen sharply, and expectations of tightening global sugar supply and demand are heating up. The sugar industry and sugar substitute sector are collectively strengthening. The Thai Sugar Industry Association expects Thai sugar production to fall below 10 million tons during the 2026-2027 pressing season (12 million tons in the first pressing season); the Food and Agriculture Organization of the United Nations data shows that in August the global food price index rose to a new high since December 2022, compounded with “Super El Niño” expectations, the agricultural planting chain and chemical fertilizer and pesticide sectors rose; London Metal Exchange copper futures rose to a record high on September 7, once breaking through 14530 US dollars per ton, with various colors The copper sector strengthened in the direction of copper; The real estate services sector strengthened, the coke and coal sectors picked up, and Yunmei energy rose and stopped.

Popular sector aspects

1. [Agricultural planting chain] The sugar, sugar substitute, planting industry, agricultural product processing, chemical fertilizer and pesticide sectors have collectively surged. COFCO Sugar, Cotton, and Bowling Bao went up and down. Yasheng Group had 4 consecutive shares, and Sanyuan Biotech rose more than 14%. Catalysis: A sharp rise in international sugar prices and a record high in the global food price index, compounded by “Super El Niño” expectations.

2. [Nonferrous Metals (Copper)] Copper led the way. Jingyi shares rose or stopped, Northern Copper hit a rise or fall, and Jiangxi Copper, Western Mining, and Tongling Nonferrous followed suit. Catalysis: Copper futures on the London Metal Exchange rose to a record high on September 7, breaking through $14,530 per ton at one point.

3. [Real Estate Services] World Bank, I Love My Family, and Shenzhen Property A went up and down, while China's Wuyi, Tefa Services, and Chinese companies rose higher.

Adjust the section

Technology such as semiconductors, EDA, liquid metals, automotive chips, consumer electronics, and liquid cooling had the highest declines. Sinopec Technology fell more than 15%, Feirongda fell nearly 6%, and the domestic GPU sub-IPO Moore thread continued to decline. There was a large increase in the previous period in the above direction. The decline on the same day was the highest, and the market showed clear sector rotation.