Category: Money tips Release Date: 2006-04-20
Source: GF Securities Author: Wan-Bing
Reproduce the pattern of differentiation between the two cities Wednesday tape, although the Shanghai stock market has been in the intraday volatility, but the performance of Yao City is still super, in large volumes, while the Shanghai Composite Index closed tenacious and then red plate, leaving a high Six-Day K Yang online .
As crude oil prices fell, as well as a prelude to national strategic oil reserve opened to allow petrochemical, chemical fiber stocks manifesto, but in Wednesday's performance in individual stocks, it is clear that the performance of more active low, while the high-priced stocks are too weak to state to do is to illustrate the operation of the mainstream funds have been the lack of upward momentum, and the prices depends mainly on private investment capital looking for opportunities in the high shock.
Face from the recent financial situation, the media has already announced in September the number of new accounts last month fell by 14%, since May has decreased month by month the number of accounts, making a market capitalization of face to face greater pressures, while the A shares Margin value appeared in two consecutive months, the net outflow of money is the backbone of the market, margin decline, the stock high, there may be the foundation of this new instability is never too high. Because next week, faced with the world's largest IPO, industrial and commercial distribution, face shortage of capital in the market index is unlikely to be supported at a high level of continuous operation.
K-line form to see from the tape, the Shanghai index hit three consecutive days, unable to break up channel on the track, while the Shenzhen City, appeared in two-day adjustments, a record high in Shenzhen refused to make a breakthrough in Shanghai stock market the lack of reliability.
Up the broader market Wednesday, the main cap, lower reliance on active and indicators for stocks up, China's Sinopec, China Unicom, the strong trend of the broader market adjustment to cover up the fact that, although the Shanghai stock market appears more than five points up, but rose by a ratio decreased by Number reduced by 10%, indicating that the majority of stocks have entered a readjustment, and once the target shares relaxed index of the callback will be inevitable.
In the Shanghai stock market has not even received six-yang situation, most technical indicators are at high short-term adjustment should be volatile, investors in the market lively atmosphere, should also consider the risk prevention, not only rise and not fall in the stock market the adjusted market more dynamic.
