Category: Money Tips Date: 2006-06-08
Source: GF Securities
Tuesday tape and make ascribed to inertia after the high-opened once into shock, but the overall performance continued to show strength, the Shanghai Composite Index once in the disk-taking, but only to cover the gap after the morning market gapped opened immediately involved in the bargain-hunting forces to re-stabilize under the pick-up, while the Shenzhen into the mean trend is even more robust, intraday volatility after the morning market shot up even failed to return to yesterday's close position under the afternoon to continue upward, breaking the morning market high point of the day Further continuation of the more obvious increases. The Shanghai index closed 2831.87 end than the Monday rise about 0.88%; Shenzhen into a means to close 8104.27, has another 1.92%. Shanghai stock market turnover 63.1 billion, 33.2 billion traded in Shenzhen, the two cities Monday trading, compared with no significant changes in investor psychology Chi Chou relatively stable.
The message surface, in order to stabilize the pre-holiday financial tensions, the central bank on Monday announced that it will be suspended this week, the issue of central bank bills. As the central bank to suspend funding withdrawn from circulation, there will be 133 billion this week the release of funds, making it the week before the holiday funds face relatively easy for the stock market to continue to provide good support.
Following Monday's broad based, Quotes after the Tuesday performance of intraday stocks Despite the split, but the hot spots are still to maintain a high degree of activity. Mon lead in the market for front-line blue-chip banks and steel plate in a strong consolidation of the Tuesday session, once again more of an opportunity to move to the second and third line stocks, intraday point of view, Vanke, China Merchants, Poly Real Estate and other real estate stocks after a pre - After the sharp decline, are currently expressed as a rebound situation stabilized; S striker plate in the restructuring and other brokerage stocks continue to be sought after; S East pot, the Sea-sheng and other assets into the overall concept and the concept of market is still hot, Baiyun Airport, Shenzhen Airport , Tianjin Port, Ningbo, shipping, Datong-Qinhuangdao railway transport and logistics performance in eye-catching home loans to borrowers in the international non-ferrous metal futures bounce and the integration of stimulation of the Department of aluminum, nonferrous metal plate movements active; but with the advent of Chinese New Year holiday, tourism, hotel, commercial, wine categories of food and other consumer stocks were among the trend has also continued to turn for the better.
After initial rapid adjustment, with the policy side to pick up, the market trend in the rising process to be reconciled, at present the two cities have stood on the broad market are all short and medium term moving average, the Shenzhen Composite Index is up first on Tuesday exceeded the pre - high point, a positive state of affairs is quite obvious. Taking into account the performance of sustained and steady growth and market potential demand for blue chip varieties, high-quality blue chips have already confirmed that the current trend callbacks in place, and once again become the market's long upward momentum. Looking ahead, there is a steady rise in order to raise the first-line blue-chip market focus, second and third line stocks with the theme of growth stocks wheeled effects of long active in the creation of money will once again form a dominant pattern is expected around the Spring Festival will be repeated shocks of the stock market rose for the Lord, the Shanghai index will eventually re-launched to 3000 points, once again a strong impact, investors can hold the hands of the patient and the potential bargaining chip to further pulled up to wait for the future profit opportunities brought about.
