Category: Money tips Release Date: 2006-01-11
Today's heavy volume index rose. Shanghai Stock Market today opened 4091.24 points, up 4220.32 points, the lowest 1091.24 points to close at 4213.36 points, up 154.51 points, on turnover of 156.66 billion yuan, up 903, down 6; Shen Chengzhi, today opened 13,615.30 points, the highest 14,159.71 points, the lowest 13,615.30 points to close 14,139.27 points, up 721.30 points, on turnover of 78.55 billion yuan, up 623, down 6.
In news: Bank of China decided that from July 21, 2007 yuan from financial institutions to raise benchmark deposit and lending rates. The State Council decided to August 15, 2007 onwards, savings deposit interest income personal income tax rate reduction from the current 20% to 5%.
Qi Bin, director of Research Center of China Securities Regulatory Commission on the 21st in Shenzhen said the SFC will accelerate the introduction of capital markets, long-term planning, the development of the full sum up experiences and lessons learned, drawing on outside the mature markets and other emerging markets on the basis of experience, combined with China's national conditions to develop rational development strategy and planning, to help the long-term investors to market expectations
July fund manager survey, 77% of fund managers that the current bull market is still in the medium-term, only 4% of the respondents believe that at the end of the bull market. Fund managers over the next 12 months are also very optimistic about the market performance, 88% of the respondents believe that the stock market will rise, which will significantly increase the number of options is 50%, only 3% of the fund managers that the market may be a slight decline No one to judge the market will fall sharply.
Last weekend a continuous introduction of management and reduce the tax on interest rate hike news, the stock market is expected to finally fulfill the long-standing bad, Shanghai and Shenzhen stock markets opened higher on the high response to the trend to go bad, the two cities significantly larger volume, market sentiment rebounded significantly. From the turnover situation, outside the capital involved is very positive, stocks in the impact of double-headed resistance must have a larger volume of co-emergence of today's hot market, wheeled, which will help counter the financial sustainability of intervention. Hu Zhi closed 4213 points, with the previous high point is only 100 points away, the Shanghai stock market could once again on the amount of 150 billion.
Disk observed on the plate, petrochemicals, steel, automotive relay fried on the plate, Sinopec rose 6.22 percent, the bus pass, FAW Xiali, FAW, FAW-Ring and other auto stocks daily limit, Anyang Iron & Steel, MA Steel shares, Wuhan Steel shares, Liuzhou Iron and Steel and other steel stocks shares daily limit, so that heavy plates into the current market, leading the main force. In addition, non-ferrous metals, foreign trade, coal XNG. The initial price could go up with greater financial, real estate, while there is a certain drop plate. The two cities, only a very small number of stocks were down, including China Life and Ping An of China.
Some analysts believe that today the market was up the next day, early in the sidelines among the funds in the broader market soared, due to high-quality early shares outstanding performance has been basically unable to find a good entry opportunity into the cap, lower - large-scale entry of outside funds the preferred goal, it is noteworthy that, after 5.30 the risk of education, in the cap, lower the investment risk has already been exposed to the investors high and low stock prices can not be judged purely from an investment value of individual stocks also evaluation.
Tape in two days the market was up 300 points early in the face of high stress, high index of oscillation may appear to alleviate the pressure of profit-disk.
Operational aspects, after the resumption of broader market rose plate and stocks will continue to sort of performance and growth, investors are now needed to focus on the fundamentals of individual stocks, rose among the refrain doctor when critically ill, is now available on the form of well - yet to pay more attention to varieties of rose.
