Category: Money tips Release Date: 2006-01-19
Source: Guangzhou Bandung Author: Ling Xue-wen
Tuesday tape stubborn resistance of the Shanghai and Shenzhen stock markets plummet on the external market place A knock-on effects arising from the basic pattern in order to maintain high shock. Plate and weight in the bank stock index and other major species "absence" of the situation, the last three trading days on the Shanghai Composite index is basically showing a trend of a high order narrow band, even though disk There is some shock, but the overall trend is still relatively sound. The recent observation of the disk can be found in the bank the right to re-plate and other indicators of stock to maintain the process of finishing, the market remained relatively active hot trend. Last stage of the market value of around RMB appreciation thread Quotes constantly digging depth, following the financial sector, the real estate section has become the mainstream finance a major focus of attack plate. Investors still need to closely follow the sector, and weight indicators of stock movement.
[Today's market conditions]
In the financial sector and the weight indicator unit continues to organize under the influence of Shanghai and Shenzhen broader market Tuesday to maintain the trend of high shock, the two cities both indexes closed out the yin doji volume decrease compared with the previous day. Index runs from the day the trend point of view, early in the Shanghai Composite Index opened 2042.38 points and 2051.49 points, slightly Mogao to start after concussion down trend, after earlier dropping as low 10-day moving average near the 2016.47 points, and get some support, late in some real estate, communications, active and Sinopec climb, driven by a rebound rebounded, making a day of decline in the convergence and eventually closed out with a long lower shadow of the Cross star. Shen Chengzhi point of trading of the stock market hit a new high of 5424.16 after the basic maintenance of a high order trend.
From the disk situation, after the previous session's broad based, the trend today, sharply dividing the stocks in Shanghai and Shenzhen markets, the market rates were 382:437,307:274 Change. Or table, the old Thermo Bao, East 100 Group, Science and innovation, Fanhai construction, Jian-shares, etc. 5 stocks daily limit. Specifically, the benefit from the yuan appreciation has a real estate resources, real estate boards as well as individual stocks movements active in the commercial classes, such as the Asia Standard construction, Shanghai 900, Yimin Department Store, China industry, real estate, Qixia construction, COFCO Property, Shenzhen Ye, Shahe shares, Beijing Urban Construction, sun stake. 3G communications, electronic components and other technology stocks are also active in the performance of subjects, such as ZTE, China microelectronics, Datang Telecom, high-hung the shares in Telecom Test record. In addition, the ST-class pre-sales of stocks generally rebounded, S * ST overseas Chinese, S * ST Ji-100, S * ST Dragon, ST Kim Tae-ST stocks such as 9 daily limit. Noted that, as an important weathervane Quotes development of China's petrochemical after 4-day adjusted basis, today there are signs of decline stopped, closing up 1.05%.
Tuesday, the Shanghai Composite Index opened to 2042.38 points, up 2051.49 points, the lowest 2016.47 points to close at 2038.72 points, down 8.56 points, or 0.42%, turnover of 34.213 billion; Shen Chengzhi opened 5373.07 points, the lowest 5327.54 points, up 5424.16 points, close of 5362.00 points, down 22.02 points, or 0.41% on turnover of 18.382 billion.
[Today In news]
Tuesday mainly in the following several news worthy of investor attention:
1, according to statistics, in November or the end of the issue since the establishment of a southern blue-chip growth, Yinhua rich themes, Noam value growth of 12 new funds with a total issue size of 60.8 billion yuan. The above funds are equity funds, this also means that the stock market added a new more than 50 billion yuan of new capital.
2, since last Friday on the international foreign exchange market, Africa and the United States dollar against major currencies sharply diving, crashed yesterday, the RMB exchange rate against the U.S. dollar hit a new high for the first time breaking 785 and set-piece at 7.8402 yuan against one U.S. dollars, while one-day 124 basis points appreciation of the exchange rate also hit a record high since the reform. Since July 21 last year, since the yuan has achieved nearly a 5.3% appreciation rate.
3, China Securities Regulatory Commission Party Committee member, Jiang Yang, assistant to the president yesterday, stressed that the futures industry to attach great importance to the risk of futures companies net capital regulation and deposit the security deposit their functions. He also revealed that at present, "Futures Trading Regulations," the smooth progress of the revision of the other supporting the revision of management practices is well underway.
4, from Development and Reform Commission, Ministry of Finance and other ministries to develop a "implementation advice for wind power development" has shape shortly. According to sources, this policy will focus on training with independent intellectual property rights of wind power producers, the next step will be specifically formulated to give the wind airports, R & D centers of specific policies such as subsidies, "this series of policy will promote wind power equipment manufacturer's technical R & D, the entire wind power industry a huge impact. "
5, the National Development and Reform Commission Industry Division of the message, "bio-ethanol fuel ethanol and motor gasoline," Eleventh Five-year "Development Plan" and "bio-fuel ethanol industry development policy," was recently demonstrated by experts. The experts recommended that Development and Reform Commission pay close attention to revisions and improvements to special plans and industrial policies, as soon as approval for the dissemination of the implementation.
[Afternoon Brief]
Tuesday tape stubborn resistance of the Shanghai and Shenzhen stock markets plummet on the external market place A knock-on effects arising from the basic pattern in order to maintain high shock. Plate and weight in the bank stock index and other major species "absence" of the situation, the last three trading days on the Shanghai Composite index is basically showing a trend of a high order narrow band, even though disk There is some shock, but the overall trend is still relatively sound. After finishing a row after the Shanghai Composite Index will once again be faced with short-term directional selection.
The recent observation of the disk can be found in the bank the right to re-plate and other indicators of stock to maintain the process of finishing, the market remained relatively active hot trend. Among them, Asia Standard construction, the Lujiazui, as represented by the Beijing Urban Construction and ownership of real estate resources, real estate sections of business class is very active in the overall performance of individual stocks, such as the Asia Standard building has recently been closed out of 10 Yang Xian, or more than 40%; Lujiazui, Beijing urban construction, Qixia construction and property shares such as Shenzhen Ye is also a continuous strength, performance is very strong. Clearly, the last phase of the market around the main line of RMB appreciation in the continuous deepening of the excavation Quotes, following the financial sector, the real estate section has become the mainstream finance a major focus of attack plate. Recent support for real estate and commercial real estate strong factor in addition to promoting the appreciation of yuan, the forthcoming implementation of new accounting standards next year, also played a positive impact.
In a recent analysis of market conditions I mentioned that from a dynamic point of view, the future of the RMB exchange rate and long-term trend will depend largely on changes in the international balance of payments surplus. According to the relevant studies have shown that in the next period of time, the RMB has appreciated against the U.S. dollar exchange rate of approximately 3% -5%, it is expected within 3-5 years, the RMB against the U.S. dollar may reach one U.S. dollar of around 7 yuan level. Inevitably will fully enhance the appreciation of the renminbi value of assets denominated in yuan, of which focus on three major areas of interest to investors, first of all is to have the renminbi assets, real estate, with the coal mine of resources, financial services and possession of real estate resources, commercial enterprises; followed by relatively high foreign currency debt ratio firms such as aviation, trade, etc.; again is a higher proportion of imported raw materials or parts of industries such as paper, steel, cars, petrochemicals, aviation and so on.
Strength of the real estate section, the non-ferrous metals, aerospace defense industry, 3G communications and asset restructuring, equity incentive and other topics shares also have a good performance. The hot spots are active in a certain extent, offset by the recent Bank of weight plates, and other indicators of shares of the impact of adjustments on the tape is running. Worth noting is that the recent hot market, between the benign wheeled to a large extent effective in stabilizing the market value of the center, it is difficult to occur Shenfutiaozheng indexes one of the main. It is undeniable that the sector, and weight indicators of the trend of stocks in the afternoon a great extent, affected the direction of the broad market, so the process of shocks in the current high, investors still have to closely follow the sector, and weight indicators of stock movements, At the same time should be combined with the current market to further adjust the pattern of asset allocation to optimize the structure positions.
