Category: Money tips Release Date: 2006-04-19
Source: Yin-Hua Investment
Today, in Shanghai and Shenzhen stock market morning market adjustment, the index to 1639.68 at 10:40 Tandi, the Shanghai index hit a 10 average, the index of unilateral upstream. Day trading on the Shanghai Composite Index opened 1669.24, 1685.29 The maximum, minimum 1639.68 to close at 1684.62. A total of 58.3 billion yuan traded between the two cities than in the previous day into a contraction of about 2.
Today is the first single-IPO China CAMC purchase day, morning by the self-subscription of new shares in funds in the pressure index callback. Hot topics on some preliminary short-term adjustments in the collective unit for two consecutive days, as new energy, aerospace and military industry section is particularly prominent. The greatest impact on the index plate index stocks continue to see adjustments, as in the G Wanke, represented by property stocks and G acts on behalf of strokes and other banking stocks, while Sinopec, G Cheung Po Wei lower power, but also exacerbated the market see mood.
Afternoon trading, the sudden quiet for a long time, China Unicom up heavy volume, together with the strong rebound before the city started a non-ferrous metal plate, which led the market steadily higher, almost to the day close at its peak. In addition to the two cities ST Plate and wide shocks than warrants a total of more than 40 stocks daily limit, there are 5 to the stock lower limit, the market sentiment more exuberant.
Overall, the Shanghai index in a slight back quickly stabilized after the probe, the basic adjustment of the end of two Lianyin effects, indicating that the effective moving average support on the 10th, the market is still relatively strong atmosphere, there are still challenges in afternoon 1700 points potential. As the market is not sustained fares of hot, short-term should remain cautious, for pre-or large stocks must be vigilant, for pre-high-quality varieties of stagflation can be properly recognized.
