摘要:It’s clearly been an exceedingly convivial day today once again for a batch of impetuous retail investors who have the upbeat mann
It’s clearly been an exceedingly convivial day today once again for a batch of impetuous retail investors who have the upbeat manners of the enteral optimists in light of the opinionated minds. Having harmonized definitions, all three major stock indexes opened slightly higher and closed slightly higher on Tuesday. With a mix of ecstasy and exaltation, a flock of unsuspecting callow gullible stock neophytes were buoyed up by the full-fledged blow-up retaliatory robust rebound. Indeed, a myriad of impenitent stouthearted financial consumers seemed to have become positively effusive in the backdrop of window guidance and administrative intervention. After all, the advancing stocks far outpaced the losing ones given that more than 3,700 stocks rose. The benchmark Shanghai Composite Index, which opened more than 4 points higher, swiftly leapt shortly after the opening bell, slowly trudged up in early trading, was down almost 13 points around lunchtime, traded flat with barely ten minutes to go until the market closed, at last was down 0.38% and notched a two-day winning streak. The Shenzhen Component Index, which advanced 0.11% at its opening, went straight down, pared back its gains, plunged headlong into correction territory, went straight up, recouped its losses, gradually bumped up earlier in the session, in the first few minutes of trading, was up almost 81 points around lunchtime, slowly marched higher in the last thirty minutes of trading, closed with a gain of 0.77% and snapped its third consecutive day of losses. The tech-heavy ChiNext Index, which opened higher by 0.43%, took a nasty turn for the worse in the opening minutes of trading, gave up its gains, titled into correction territory, reclaimed its losses, slowly lumbered up earlier in the day, was up almost 22 points around lunchtime, traded sideways in the hour leading up to the close, eventually climbed the most among major stock indexes with a 0.77% upswing and ended the day with a three-day drop. Jewelry was the biggest winner of the day, up 4.31%. Household light product was in second place, up 3.42%. Biological product came in third with a gain of 3.28%. Shipping and port was the worst performing sector, down 3.14%. Coming in second place was aeronautics and astronautics, down 0.62%. Chemical fiber industry was the third worst performer, down 0.46%. In addition, the erstwhile beleaguered domestic equity markets registered a net inflow of CN¥98.8 billion and the combined turnover on the Shanghai and Shenzhen bourses was in excess of CN¥1.2233 trillion. In a surprising denouement, a small percentage of savvy levelheaded perspicacious pusillanimous risk control pundits have been bickering over how to construe today’s market performance in this extremely tumultuous market environment. In reality, it is also an unmistakable sign that the trepidation of a fresh bout of market carnage was assuaged in the fractious environment, at least tentatively. Looking to history as a guide, it is indispensable that exuberance of individual stock could largely ameliorate the problem of collapse in market confidence. Actually, it is simply axiomatic that soar in big financial sector does not augur well for the performance of individual stock under the untoward conditions. Nowadays, the mega-cap blue chip stocks were no longer in the ascendant when the market atmosphere was euphoric. By the way, Dow futures sank 0.02%, the S&P futures were down 0.27% and the tech-focused Nasdaq Composite futures slid 0.39% in premarket trading as of 6:51 AM ET.
来源:泰耀教育