A-shares closing review: A good start to the Year of the Horse! The three major indices all rose collectively, over 4,000 stocks in the entire market increased, and the oil and fiberglass board sectors surged.

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The first trading day of the Year of the Horse, the three major A-share indices all rose today. By the close, the Shanghai Composite Index increased by 0.87% to 4,117 points, the Shenzhen Component Index rose by 1.36%, and the ChiNext Index gained 0.99%. The total market turnover was 2.22 trillion yuan, an increase of 219.2 billion yuan compared to the previous trading day. Over 4,000 stocks rose, and more than 100 stocks hit the daily limit.

In the market, the oil and mining sectors surged, with stocks like Tongyuan Petroleum and CNOOC Services hitting the daily limit; glass fiber manufacturers are expected to trigger a second round of price hikes, with glass fiber concepts soaring, and Shandong Glass Fiber hitting the limit. Gold and silver prices regained upward momentum, boosting the precious metals sector, with Sichuan Gold hitting the limit. The MLCC, phosphating chemicals, titanium dioxide, and power transmission equipment sectors also led gains. Additionally, the film and television theater chains, short dramas, and coal transmission sectors declined sharply, with Light Media and Bona Film hitting the daily limit. AI application stocks generally fell, with Kimi and Sora concepts leading the decline, and Visual China also hitting the limit. The tourism and scenic area sectors weakened, led by Changbai Mountain. Tencent Cloud, digital reading, and the grain economy sectors also saw significant declines. (Gelonghui)

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