The stock index continues to rise and the hot spot remains active
http://www.sina.com.cn 17:01, February 13, 2007 Sina Finance
Boxin on the market
Next trading day: bullish
Today, the market continues to bounce back, and the continuous rise of M&A and restructuring stocks has greatly stimulated the enthusiasm of the market to go long; The overall activity of technology network stocks and performance pre issue stocks has significantly enhanced the confidence of the market to do more; Therefore, under the condition that the volume can remain relatively stable, the market is expected to continue to move higher before the festival.
On the news side, according to the Shanghai Securities News, the central bank announced yesterday that it would suspend the issuance of central bank bills this week in order to ease the pre holiday funding shortage. According to the fourth announcement of this year issued by the Central Bank in the open market, the issuance of central bank bills was suspended this week. As the central bank stopped withdrawing funds, 133 billion yuan will be released this week. Among them, 130 billion yuan of central bank bills are due to be cashed today. In fact, since last Thursday, the interest rate has started to soar, so the tension in the capital market has made the central bank not only stop the issuance of central bank bills in the open market, but also ease the situation of market capital tension through reverse repurchase. We believe that this news has a positive effect on the market capital, and provides a good basis for the stock index to maintain a pattern of slight fluctuation and rise before the festival. In addition, according to the Securities Times, under the background of the hot expectation of interest rate increase in the near future, Wu Xiaoling, Vice Governor of the People's Bank of China, published an article publicly, saying that the role of interest rate instruments is limited, and suggesting that the theory of using interest rate increases to regulate the stock market lacks theoretical basis. At present, the popular view in the capital market is that curbing excess liquidity in the financial system is the biggest reason for the central bank to raise interest rates. This news represents the central bank's view on interest rate hike, so it can be estimated that the possibility of short-term interest rate hike will be reduced.
In terms of hot spots energy The prices of nonferrous metals and precious metals have been rising exponentially, and investors have made rich profits in long commodity futures. Compared with the skyrocketing prices of industrial raw materials and energy, the prices of agricultural products are at a historical low, which has the power and space to supplement the inflation. In particular, arable land has been decreasing in the past 30 years, and the food inventory has reached the lowest point since 1972. Globally, the market is booming and people are eating more and more. According to the current situation of low inventory and reduced arable land, the price of agricultural products will soar. It is against this background that farmers soybean 、 Soybean meal 、 Corn 、 Wheat 、 White sugar 、 cotton The trading volume of agricultural products such as futures continued to rise, and the trading prices also rose steadily. Therefore, the herding effect will lead more investors to participate in the investment of commodity futures to pursue high profits, and agricultural product futures are expected to replicate the market of non-ferrous metal futures. In addition, policy support is the issue of sustainable benefits to agriculture, rural areas and farmers, and has always been a major issue related to the overall economic and social development of China. Premier Wen Jiabao of the State Council, when presiding over the State Council executive meeting, highlighted the need to increase agricultural investment, actively promote modern agricultural construction, strengthen rural public services, deepen comprehensive rural reform, accelerate rural economic development, ensure new progress in new rural construction, and consolidate and develop the good situation of agriculture and rural areas. Obviously, agriculture is still the key support object of the state in the future, so investors should pay special attention to individual stocks in the agricultural sector.
Technically, the stock indexes of the two cities continue to rise today. Although the trading volume has not been effectively amplified, the market trading remains active, and the number of trading limits is increasing. Among them, the continuous rise of M&A and restructuring stocks and the overall activity of Scinet stocks have greatly enhanced the confidence of the market to do more. At the same time, from the perspective of the moving average system, the medium-term and long-term moving average is currently in an upward state, which will support the future development of the stock index. As there are only three trading days left before the festival, the wait-and-see atmosphere in the market will become stronger. Therefore, although the recent trend of the stock index rebound is very stable, it is expected that the rebound before the festival will not be too large.
Guangzhou Boxin
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.
