Category: Money Tips Date: 2006-07-03
Source: Soochow Securities Author: Jiang Fan
After a short wide shocks, the market to resume its rally last week, making the technical-graphics appear on a 2-week online since the end of the second package yin yang shape, while the benchmark Shanghai Composite Index reached 1695 points, again a new high of round Quotes. Fly in the ointment is that in the week up 57 points against the backdrop of the whole week 291.4 billion turnover is not significantly larger than the previous weeks, some signs of plates in the outflow of funds is quite obvious. It showed differences in the market has become increasingly large, but cheap does not stock restructuring, mergers and acquisitions plate concept and the performance of high-priced stocks are still remarkable.
Open High Low compensatory growth
As early last week,
G Maotai three trading days there are two limit-biggest weekly gain as much as 29.78% of the stimulus, some high-priced stocks do more the main force of renewed enthusiasm.
Plate by high-priced stocks up again, driven by expansion of space, cap, lower-particularly non-reformed companies for many funds to continue to do more preferred, capital inflows are still very obvious signs.
The steel plates and cement blocks, respectively, under Baosteel Group and Handan overweight G Lafarge Sichuan Shuangma merger will clear the stimulus, once again become the focus of market attention.
In addition, ST segment continued strong performance, not only appeared in more than 10 companies with revenues five daily limit, and the weekly turnover of up to 6.1 billion over the previous two weeks into a larger, thus shows that in order to change the future stock price plus reorganization of the mainly takes the form ST-plate, will become part of the funds the next phase of the park.
Attractiveness of large-scale events or transfer
While innovation and high school, the market is still strong in most of the plate, but the index stocks, the fund holding, real estate and non-ferrous metals are further and further heavy plates, which posed a great drag on the index. From the intraday point of view, capital outflow from these plates in the very obvious signs, so once the compensatory growth plate can no longer attract popularity, then the current round of Quotes on the head will gradually come.
In addition, according to statistics we have found such an interesting pattern, that is, before the world's largest sporting events held in the first half of the performance of global stock markets are generally better, but the trend is generally weak during the competition. Like in 2000 and 2004 Olympics and 2002 World Cup have been confirmed during the period. The reason is very simple, completed the task profitability watching sports is the best leisure, so attractive to a substantial shift in the market will be reduced degree of concern. Therefore, the specific point of view, we expect in the June 10 World Cup in Germany before and after the opening, the market peaked a great possibility.
