At the close of A-shares on March 6, the three major indices rose collectively, the market showed a rebound trend with shrinking volume, thematic sectors rotated actively, and investor sentiment gradually recovered. By the close, the Shanghai Composite Index reported 4124.19 points, up 0.38%; the Shenzhen Component Index reported 14172.63 points, up 0.59%; the ChiNext Index reported 3229.30 points, up 0.38%. More than 4200 stocks in the two markets rose, and the profit-making effect was prominent.
On the disk, the agricultural sector performed strongly, with stocks such as Dunhuang Seed Industry hitting the daily limit, mainly benefiting from policy support from the Two Sessions and geopolitical factors. The 2026 government work report clearly proposed a grain output target of about 1.4 trillion jin, and the draft outline of the 15th Five-Year Plan also clarified the food security guarantee indicators. Coupled with the escalation of the Middle East situation pushing up the production costs of chemical fertilizers and pesticides, it indirectly drove up the expected price of agricultural products and promoted the strength of the sector.
The innovative pharmaceutical concept also broke out simultaneously, with Yahong Pharmaceutical rising by 20% to hit the daily limit, and stocks such as Shanghai Yizhong following the rise. The core reason is that the government work report listed biomedicine as an “emerging pillar industry” for the first time, alongside integrated circuits and aerospace, releasing a strong signal of accelerated industrial upgrading and bringing long-term development opportunities for related enterprises. In addition, the power grid equipment sector continued to be strong, with Shunna Co., Ltd. achieving a 3-consecutive-day limit, benefiting from the expected growth in global data center power demand.
In terms of capital, the total market turnover today was 2.2 trillion yuan, a decrease of nearly 200 billion yuan from the previous trading day. Main capital focused on snapping up sectors such as infrastructure, auto parts, and photovoltaic equipment. Institutional analysis believes that the dividend of the Two Sessions policies continues to be released, the medium and long-term allocation value of A-shares is prominent, and in the short term, one can allocate growth and value sectors in a balanced manner to grasp policy-driven opportunities. #ASharesClose #SectorMarket #TwoSessionsPolicyDividend
