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Market Close: The ChiNext Index rose 0.36%, with the chemical sector surging significantly.
People’s Finance News, April 7: Today, the three major indexes opened higher across the board, and the market maintained a volatile trading pattern throughout the day. During the session, the ChiNext Index rose by more than 1% at one point. As of the close, the Shanghai Composite Index rose 0.26%, the Shenzhen Component Index rose 0.36%, and the ChiNext Index rose 0.36%. On the trading board, the chemical sector surged, with directions including glyphosate, pest control, organic silicon, disperse dyes, and fertilizers leading the gains. More than 30 stocks hit the daily limit up, including Xinan Co., Ltd., Dongyue Silicones Materials, Chiyhua Holdings, Chitianhua, and Lutianhua. The industrial gases concept strengthened, with Huayi Group and Chengzhi Co., Ltd. hitting the daily limit up. The chicken meat concept fluctuated higher, with Huatong Shares hitting the daily limit up. The memory chip concept rose, with Shenzhen Huachuang and Baicheng Shares among those hitting the daily limit up. The solid-state battery concept strengthened, with Guosheng Technology and Shengquan Group among those hitting the daily limit up. The sports concept jumped, with Zhongti Industry and Nanjing Sports among those hitting the daily limit up. Sectors such as chemical fibers, chemicals, shipping, culture/education and leisure, and diversified financials led in gains; sectors such as insurance, airlines, banks, and transportation infrastructure led in declines.