Class A shares afternoon comment: Shanghai index rose more than 1%, rare earth permanent magnets strengthened

July 11th news, today morning trading, class A share three major indexes rose slightly after continued to rise. As of noon closing, the Shanghai index closed up 1.05%, the Shenzhen index closed up 0.94%, growth enterprises market index closed up 1.19%. A few days ago, the rare earth leader Northern Rare Earth and Baotou Steel announced a rare earth price increase. Today, the rare earth permanent magnet sector continued to climb after opening high, Benlang New Materials, Sanchuan Wisdom, Northern Rare Earth, Baotou Steel and other stocks rose by the limit; in the first half of the year, the delivery volume and price of civilian ships rose simultaneously, the shipbuilding sector rebounded sharply, and Chinese ships rose by more than 8%; brokerage stocks performed well in early trading, Bank of China Securities 2 connected boards. Housing testing, cement building materials, games, consumer electronics and other concepts were sluggish in early trading. In terms of funds, the half-day turnover of Shanghai and Shenzhen reached 1.02 trillion, which was about 93.70 billion compared with yesterday's volume, and the net outflow of main funds was about 9.40 billion.