A-shares closing review: The three major indices all fell more than 1%, with the combined turnover of the Shanghai and Shenzhen markets below 2 trillion yuan.

What are the key driving factors behind the market adjustment?

On March 26, the market experienced fluctuations and adjustments, with the three major indices rising and then falling, each down more than 1%. By the end of the trading session, the Shanghai Composite Index fell by 1.09%, the Shenzhen Component Index fell by 1.41%, and the ChiNext Index fell by 1.34%.

In the market, the trend of sector rotation was weak, with over 4,400 stocks declining across the market. In terms of sectors,

The power sector showed active performance, with Huadian Energy achieving four trading limits in six days, Hunan Development hitting three consecutive limits, and Jinkong Power, Guangxi Energy, and Shenzhen Nanshan A reaching their limits.

Lithium battery materials stocks repeatedly strengthened, with Rongjie Co. hitting three consecutive limits, and Shida Shenghua and Dadongnan reaching their limits.

The commercial aerospace concept saw partial gains, with Shenjian Co., Zhongchao Holdings, Western Materials, and Zaiseng Technology reaching their limits.

On the downside, the grid equipment concept weakened, with Shun Sodium Co. hitting its limit down, and YN Power, Dongfang Cable, and Caneng Power experiencing significant declines.

The optical fiber concept fluctuated downward, with Farsens hitting its limit down.

The transaction volume in the Shanghai and Shenzhen markets fell below 2 trillion yuan, a decrease of 236.2 billion yuan compared to the previous trading day. In terms of individual stocks, Xinyi Technology had a transaction volume exceeding 17 billion yuan, leading the market, while Zhongji Xuchuang, Huagong Technology, Tianfu Communication, and Luxshare Precision all had transaction volumes exceeding 11 billion yuan.