ETF Market Wrap | Power Grid Equipment Sector Leads Gains, Power Grid Equipment ETF and Power Grid Equipment ETF GF Rise by 3%

2026-03-04 09:01:30

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Gelonghui, March 4 — The three major A-share indices all declined today. By the close, the Shanghai Composite Index fell 0.98%, the Shenzhen Component Index dropped 0.75%, the ChiNext Index declined 1.41%, and the CSI 50 Index decreased 0.26%. The combined trading volume of the Shanghai and Shenzhen markets was 23,879 billion yuan, down 7,696 billion yuan from the previous day. Over 3,600 stocks across the three markets declined.

In terms of sectors and themes, the top gainers included power grid equipment, military equipment, grain concepts, minor metals, dyes, agrochemical products, optical fiber concepts, and storage chips. The biggest declines were seen in gas, port shipping, precious metals, insurance, white liquor, logistics, coal mining and processing, securities, and airport shipping.

Today, power grid equipment and grain concept sectors led the market rally, with military equipment and agricultural-related ETFs also performing strongly against the trend:

The power grid equipment sector was the most robust, with the Power Grid ETF (159326) rising 3.33%. The GF Power Grid ETF (159320) and Grain ETF (159698) both increased 3.01%. The E Fund Power Grid ETF (560390) rose 2.75%, and the Power Grid ETF (561380) increased 2.72%. The grain and agricultural products sectors strengthened, with the GF Grain ETF (159587) up 3.07% and the Soybean Meal ETF (159985) up 2.49%. The military equipment sector rebounded today, with the Aviation ETF (159392) up 2.19% and the General Aviation ETF (159378) up 2.12%.

Oil and gas, overseas markets, and logistics sectors experienced deep declines, with related ETFs falling sharply, becoming the main drag on the market adjustment:

Overseas markets: Brazil ETF (520870) down 7.87%, Brazil ETF (159100) down 7.80%.

Oil and gas sector saw a collective plunge: Petroleum ETF (561360) down 7.43%, Huatai-Pburrie Oil & Gas ETF (561570) down 6.92%, Franklin Petroleum ETF (159148) down 6.75%, Oil & Gas ETF (159588) down 6.45%, Penghua Petroleum ETF (159697) down 5.94%, CSI Oil & Gas ETF (159518) down 5.73%, Bosera Oil & Gas ETF (561760) down 5.72%.

The logistics sector also declined, with the Yinhua Logistics ETF (516530) falling 5.58%.

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