Monday, November 15, 2010

Comment Shenzhen Component Index closed the largest decline in 2009 the two cities created more than 200 stocks hit bottom

 Market sell-off after the opening bell today, obviously, but the opening was pulled after the Shanghai Composite Index, or Sinopec planes, but the market is slightly early Yao City, diving, afternoon Sinopec strong again, driving the other heavyweight higher, the two cities has barely affected by this stimulus shock, but the two cities experienced dramatic late diving, sell into the disk emission from the two cities,UGG bailey button, a substantial amplification traded stock index also once fell into 2100 points, Shenzhen Component Index is below 8,000 points by the close, stock index reported 2122.08 points or 3.87%, turnover of 130.178 billion; The Shenzhen Component Index reported to 7775.90 points, down 5.63% on turnover of 68.392 billion. 88 cities rose stocks, stocks of non-ST 4 daily limit, while more than 200 stocks hit bottom. a right of all the warrants market down.
point of view from the disk, Zhong Pan addition to the three of Securities to keep the red plate, the other sections are closed at the green disc, photographic materials, jewelry processing Lucky stocks carrying two plates carry out an assignment, the East led by Kim Yu broader market to hit bottom price Tibet plates, instrumentation, environmental protection industry, aerospace, military concepts are all drop more than 8%.
non-ferrous metals, materials of foreign trade, transportation and other sections, all of the revitalization plan boost, but decline does not change, sector recorded a decrease of more than 6%.
the opening bell: colored, shipping, farming, etc. among the biggest gainers, financial and real estate drop top.
to 11:30 midday stock index closed 2,UGGs,199.56 points, down 0.32%; The Shenzhen Component Index closed midday 8172.02 points, down 0.84%. trade, environmental protection, cement, machinery, drop top,bailey UGG boots, aircraft, tourism, electricity, coal is relatively strong.
to 15:00, Shanghai refers to the close of 2121.25 points, down 3.87%; Shenzhen Component Index closed 7777.90 points, down 5.63%. Pudie stocks, machinery, instruments, aircraft, cement, trade and other drop top, finance, oil is relatively smaller decline.
institutions view:
trend on the late, GF Securities that, since Wednesday, the bank stock index surged in the afternoon pulled up on bank stocks lift the market has not fully recognized, banks are still in the case of strong performance, the two cities appear Pudie,UGG boots clearance, gold, cars, pre-colored rose varieties such as appear in the drop front, still difficult to get rid of short-term adjustment index structure, pre-emergence should be avoided rose varieties are still operating in the financial sector can focus on the trend.
China Financial News that the broader market down today in the heavyweight of the imaginary, but stocks have plummeted, from the disk point of view, this decline has not stopped, if not exceptionally good introduction, then to open lower tomorrow, then the inevitable . Early in the madness of small-cap stocks rose, post-crash is also very reasonable and continuous. Top Ten Industry Promotion Plan have all been introduced, two themes have also been large stocks rose, while the new hot spot has not yet given birth, in the external market is vision is not the case in the end, there is no fundamental support of the market, must be their colors. operation, can not readily buy the dips, especially stocks rose early, it is untouchable, and the market may gradually transfer the late hot to also support the blue-chip stocks up performance. 

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