Decrease in decline and increase in rebound momentum
http://www.sina.com.cn 15:47, February 5, 2007 Sina Finance
The market continued to decline on Monday. Following last week's decline, the stock indexes of the two cities hit new lows of 2610.33 and 7144.50 after opening low, and then rebounded slowly driven by the rebound of communication stocks. In the afternoon, the stock indexes continued to fluctuate downward, and the momentum of decline weakened. At the close of the Shanghai Stock Index, the stock index closed below the 30 day moving average with a neutral line, while the Shenzhen Composite Index closed with a cross star positive line. Compared with the previous trading day, the trading volume was smaller, and about 93.7 billion yuan was traded in the two markets, including warrants. The overall feeling in the session was that the weighted index stocks still took a collective rest, but the decline rate was reduced, the activity of other plates was not enough, the trading limit of individual stocks increased, and the popularity rebounded. It is expected that the market is expected to rebound on Tuesday in the short term.
On the news side, China CSRC The person in charge of the relevant department pointed out on the 4th that recently, a few directors, supervisors and senior managers of listed companies violated the relevant provisions of the Company Law and the Securities Law by transferring their shares of the company in excess of the proportion, or conducting short-term transactions within 6 months. The regulatory authorities attach great importance to this trend, have checked relevant violations and taken corresponding regulatory measures.
Huizheng Finance observed that the number of shares held by directors, supervisors and senior executives of listed companies and their changes are important information highly concerned by investors in the securities market; Strictly abiding by the laws and regulations, not transferring shares in excess of the proportion and not conducting short-term transactions are not only related to the stability and order of the operation of the securities market, but also directly affect the integrity image of the directors, supervisors and senior executives of listed companies. Especially at the sensitive moment when "big non" and "small non" were banned.
On the market, although the bears still take the initiative, the power of many parties is also increasing. The rebound range of sectors such as oversold rebound stocks and theme concept stocks ranked first today. SINOPEC (China Petrochemical Corporation 、 Baosteel 、 China Unicom Equal weight index stocks fell. In terms of individual stocks, Siwei Ceramics Guannong Shares 、 Qingsong Jianhua 、 GS Magicstor And other stocks hit the trading limit, including Siwei Ceramics Hudong Heavy Guannong shares have repeatedly hit the trading limit, and the stock nature is very active. On the decline list Urban shares 13 individual stocks fell by the limit.
On Monday, the stock indexes of the two cities continued to drift downward, and the Shanghai Composite Index stepped down to above 2600 points to obtain short-term support. Although it was also down, Monday's decline was more of a downward trend. Why do you say that? First, after many days of decline in the stock index, the momentum has been fully and greatly released, and the tragic pattern of killing more begins to slow down. Second, in terms of sectors, especially the weighted index stocks, although there is still a certain need to short in the future, they are no longer blindly killing the market. The main force has also figured out, and they can't go out if they want to go out together! The activity of other plates has increased. Third, in terms of individual stocks, on Monday, the number of up and down limit stocks began to increase, and there were many stocks with the highest growth rate, while the number of down and down limit stocks, which were star stocks with huge growth in the previous period, showed that the popularity of the stock market has gathered again, and the wait-and-see mood has declined. At present, the stock index itself contains a greater rebound momentum. The main factor restricting the rebound of the market in the future comes from the fundamentals. There are many negative factors on the current fundamentals, which is to check the loan violation funds; Now we need to raise interest rates; There is also the need to squeeze the foam to make the market ready. How can many parties fight back? On Monday, we can see that the multi party strategy is relatively positive or proactive. First of all, the main thing is to apply static braking in many ways. If Monday is not the time for multi way performance, then don't make too much publicity. It is enough to try your best to maintain popularity. Therefore, the individual stocks on the list of gainers that should rise or fall are still rising or falling, including low price stocks and high price stocks; There are theme stocks and performance stocks. Therefore, although the market is sluggish, individual stocks are still lively.
The stock index is expected to rise on Tuesday in the short term.
Huizheng Finance Zhu Guozheng
Sina statement: The content of this article is purely the author's personal view, only for investors' reference, and does not constitute investment advice. Investors operate accordingly at their own risk.
