Closing Review: The Shanghai Composite Index closed up 1.31%, with the military industry sector surging across the board

Zhitong
2025.04.09 07:02

The three major indices continued to rebound, with the North Exchange 50 rising over 10%. In terms of sectors, the military industry sector saw a collective explosion, with Tongyi Aerospace, Aileda, and Chenxi Aviation all hitting the daily limit; duty-free concept stocks were strong in the afternoon, with GREE REAL ESTATE, Zhongxin Tourism, and Zhongbai Group hitting the daily limit during trading; the semiconductor sector was strong, with Hualing Co., Ltd. hitting the daily limit at 30cm and Guomin Technology hitting the daily limit at 20cm; pharmaceutical stocks saw more declines than gains, with Rundu Co., Ltd. hitting the daily limit down; bank stocks adjusted weakly, with Xiamen Bank leading the decline; most insurance stocks fell, with China Pacific Insurance leading the drop. Overall, individual stocks showed a general upward trend, with over 4,500 stocks rising. By the close, the Shanghai Composite Index reported 3,186.81 points, up 1.31%; the Shenzhen Component Index reported 9,539.89 points, up 1.22%; the ChiNext Index reported 1,858.36 points, up 0.98%. On the market, military equipment, duty-free shops, and Chengfei concept sectors led the gains, while artemisinin, banks, and insurance sectors led the declines