B-Share afternoon maintained consolidation trend, trading volume significantly shrank compared to morning, market wait-and-see sentiment strong.
Today B-Share morning session showed active performance, but afternoon market entered consolidation phase. Shanghai B-Share index fluctuated narrowly near yesterday closing price in the afternoon, Shenzhen B-Share index also performed flat. Market trading volume shrank about 30% compared to morning, showing rising investor wait-and-see sentiment.
From sector perspective, financial stocks performed relatively steady in the afternoon, manufacturing stocks adjusted. Market hotspots were scattered, lacking obvious leading sectors.
Technically, B-Share index is currently near short-term moving averages, with balanced forces between bulls and bears. Analysts suggest investors pay attention to evening news changes and wait for market direction to become clear.
