Saturday, May 7, 2011

The broader market rose yesterday fresh record single-day gain in the second year.

: Http:// News, Wednesday, A-share market rebounded strongly welcome the trend, the Shanghai Composite Index rose more than 4.9%, the full range of blue chip index higher up the main force for promoting the same time, also show broad based market situation. .Around the market gains, stock index futures is expected to become the driving force broader market rally, but the latter part of the market trend of blue chips remained cautious. .Daily gain during the second A-share market sharply higher yesterday. .The Shanghai Composite Index Tiaokonggaokai morning near the small shocks in 5200, Zhu Bo afternoon indexes higher, eventually to the highest point of the closing day, the day up 254 points to close at 5412 points, to 4.94% one day gain for the year .Since the second-largest single-day rise, after August 20 of 5.33%. .Shenzhen Component Index rose 607 points to close at 17,355 points. .Basic and the overall market turnover yesterday, ending unchanged, Shanghai stock market turnover 89.8 billion, turnover of 40.5 billion board market in Shenzhen. .However, time-sharing transactions from the date of view, turnover mainly in the afternoon especially the last one hour, showing a strong rebound in the market to hold up. .Along with global stock markets higher yesterday as the Asia Pacific market and the A shares generally strong appears higher, with the Hang Seng index rose more than 1360 points, or more than 4.9%. .China Enterprises Index up 1142 points, or 6.84%. .The industry said that the recent strong linkage between global stock markets, U.S. stocks posted strong gains on Tuesday, the Dow Jones industrial average rose 319.54 points, or 2.46%;-day gain in eight weeks to a new record high; Standard & Poor's 500 index rose 41.86 points, or .2.91%; the Nasdaq composite index rose 89.52 points, or 3.46%. .Which is in financial stocks led the gains, JP Morgan rose 6.3%, Goldman Sachs rose 8.5%. .A sharp rebound in U.S. stocks as global markets rebound in stocks and one of the reasons. .Oversold blue-chip stocks led broad based market rally yesterday, such as Shanghai and Shenzhen exchanges were only 16 and 20 stocks declined. .Rising stocks in general, the market oversold blue chips are the main characters. .For example, the daily limit yesterday, the 40 or so stocks, COSL, China COSCO, China Shenhua shares these views is a kind of tape, the other is Xiamen Tungsten, Baotou Aluminum, Chalco, Jiangxi Copper, Jiaozuo .Articles representative of the non-ferrous metal plate. .The movement of stocks from the limit, most of the recent continuous sharp decline in species, such as Xiamen Tungsten mid-March from 10 to 42 yuan in the vicinity all the way down, fell to 24 yuan more than the lowest short-term drop of more than 40%. .Therefore, the rise in oversold bounce yesterday, is the main driving force. .Concerned about the trend of stock index futures yesterday, the strong trend in the broader market weight in general, such as total market value of the top 20 stocks rose more than 4% over part, with China Petroleum, China Life, China Shenhua, China Ping An, China's Chalco, China COSCO and China Unicom rose .more than 6%, or significantly exceeds index. .In addition, a number of shares of company stock futures are sharply pulled Yao City, for example, shares of Philip industry, Yunnan Copper, high-tech development. .Therefore, the relevant trends in the stock index futures rise to concern investors. .Earlier, the market is expected as early as today, the management will introduce a timetable for stock index futures, over time, stock index futures weight on the broader market may still be stimulated to strengthen. .But for the most recently emerged yesterday, a strong rebound, analysts remained cautious. .Although the index rose a larger force, but the blue chips higher valuation of the state of no change in the fast rebound, the index will soon return to the vicinity of 5500, up from 6,000 points at the top of the regional space is limited. .On the whole, having a little room for a sustained rebound in the broader market, blue chip investors to be cautious on chasing the same time, after the sharp rebound, but to consider the reduction of the market likely repeated in later..

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