The stock index fell 0.66% for steel and nonferrous metal support
tengxunzhengquan· 2016-04-20 17:33:32
(Tencent securities mountain), finished lower, the stock index for two consecutive days, the cumulative decline over 3%, coal, iron and steel, nonferrous metals and other cyclical plate strong prop up the market, small record a stocks weak, two city super 2300 shares fell. < p > as of the closing, Shanghai refers to fell 0.66 percent to 2952.89 points, the turnover of 2065 00000000 yuan; Shenzhen Component Index fell 1.04% reported 10058.8. 3356 million yuan turnover. < p > disk, iron and steel, coal, nonferrous metals and other sector rose; service software, computer equipment, public transport and other plate leading decliners. < p > analysis said, current policy no major bad, also reform signal constantly, such as national leaders stressed China's reform will not be stalled, open will not stop, Guangdong and Hong Kong government Qi Shenzhen and Hong Kong through sound, and recently the central bank also for investment in hundreds of billions of yuan of funds the release of liquidity and stabilize the market. So, a continuous sharp sell possibility is not high. From the perspective of the recent trend of the market, weak upside and 3100 points, the region of greater pressure is index fell, does not exclude the possibility of a main here took the opportunity to whipsaw. < along with the data released in succession, investors for the economic recovery is expected to verified especially the disclosure of last week's economic data and reduce the investor concerns about monetary policy, and enhance the confidence of economic warming. However, the recovery of economic data to push up the market upward, in part based on the 1-2 months of excessive investor pessimism. But at present the foundation of economic stabilization is not firm, the subsequent market data can validate the economy continued to pick up doubts. In addition, with the economic data released in succession, the marginal effect of the data to weaken. Plus the dollar rate hike boots are still in 2016, the U.S. dollar is still expected to increase interest rates to maintain about two times. Resulting in the impact of the RMB exchange rate, the market is still worried about the factors. However, the short-term market concerns about the impact of the market is not obvious, this week's economic data window period, brought the market expectations of repeated fluctuations, resulting in market shocks. If the subsequent data can still verify the economic recovery, the market still has upside momentum. Maintain cautious optimism in the near future. XinDa securities said. < p > CICC said, "set for a long time will fall once again come true, the potential impact of market sentiment level factors include: bond market default one after another, worries about liquidity and credit default, leverage and the bond market volatility increase; private new new regulations are expected to begin implementation, market rumors have more private did not meet regulatory requirements; on the marginal trend of monetary policy concerns. Although the situation can hardly be optimistic, but being there is no need to be overly pessimistic. Market, the rapid volume dropping has released some short kinetic energy, the market continued to unilateral fell sharply the possibility is not big, follow-up about rate show a range of finishing state. < p > Shenwan Hong think rebound so far, still can not see a clear admission incremental funding, the bank securities transfer system in early March has so far been largely tied and chips include limited ban the sale of shares is increasing. Margin financing balance growth is extremely slow, and relying on the stock of funds, 900 billion yuan turnover may be difficult to break, the market also can not go too far. Finally, macro economic data in line with expectations, it is difficult to stimulate new bullish enthusiasm, but look forward to the future, has entered the disclosure of the annual report of the final stage, the part of the performance difference report will focus on appearance, stocks "black swan" event to defense. In addition, from the perspective of time window, late April after a favorable rebound periodic window will gradually close, once confirmed will have a subtle change in investor psychology.
investment strategy, the agency said, the overall valuation of the motherboard is relatively reasonable, especially non-ferrous metals, coal and other resources. With the rebound in commodity prices, A shares which resource class heavyweight should be stabilized rebound, the stock has stabilized to a certain support. At present main index and gem refers to in the future is bound to differentiation, the market index even can be stabilized, there is no guarantee that the gem that continued to sell, which was enthusiastically participated in the discussions of the subject shares, shares will be preferred to sell the object, and therefore to coolness, must control the position.