By Zheng Buchun

A-shares posted modest gains on Wednesday with expanding trading volume. Shanghai Composite closed 0.24% higher at 3261.22 points. Shenzhen Composite, small and medium board and ChiNext grew 0.64%, 0.51%, and 0.13% respectively. From a sector view, cement and white wine stocks displayed leadership while the financial stocks were areas of weakness.

The accelerated infrastructure investment at home helped boost the price of building-related stocks, including cement stocks. Stocks of enterprises benefiting from SOE reform and mixed-ownership reform also performed well, but not all of them.

Resource stocks or upstream stocks are another type of stocks you can take advantage of. But you have to pay attention to information of some specific industries because returns of different commodity stocks can vary drastically. It seems that good performers grow stronger, while poor performers get weaker in recent days. If their prices fall further, individual stocks will come under great pressure.

Based on their recent performance, I think steel stocks will outperform coal stocks but will be outrun by chemical stocks. Of course, this is a general view of the stock trend but it is still possible other stocks will stand out.

It is likely to see price jitters from today to next Monday. But it remains to be seen that weather share index has hit its highest level.

(Zheng Buchun is NBD's columnist)

Email: tanyuhan@nbd.com.cn