Market atmosphere remained convivial

B站影视 电影资讯 2025-06-09 18:37 2

摘要:It’s clearly been an exceedingly heady day today for a batch of canny day traders who have been sanguine about the short-term mark

It’s clearly been an exceedingly heady day today for a batch of canny day traders who have been sanguine about the short-term market trend because of opinionated minds. Indeed, today’s stellar performance made a flock of diehard market bulls feel euphoric. In the meantime, a multitude of ever-optimistic obstinate hidebound senior market observers also were widely exhilarated by the full-fledged blow-up retaliatory rally. After all, the advancing stocks far outpaced the losing ones given that more than 4,100 stocks rose on Monday. The benchmark Shanghai Composite Index, which opened more than 3 points, took a nosedive shortly after the opening, pared back its gains, plunged headlong into correction, reclaimed its losses, gradually bumped up earlier in the day, was up almost 8 points around lunchtime, marched higher with barely ten minutes of trading, at last was up 0.43% and notched a five-day winning steak. The Shenzhen Component Index, which advanced 0.16% at its opening, task a nasty turn for the worse in the first few minutes of trading, went straight up, at one point recouped its 3,400-point mark, reached its zenith, slowly trudged up in early trading, was up almost 63 points around lunchtime, traded flat in the last thirty minutes of trading and closed with a gain of 0.65%. The tech-heavy ChiNext Index, which opened higher by 0.34%, swiftly leapt in the opening minutes of trading, gradually lumbered up earlier in the session, was up almost 25 points around lunchtime, traded sideways in the hour leading up to the closing and ultimately swelled the most among major stock indexes with a 1.07% upswing. Chemical pharmaceutical was the biggest winner of the day, up 3.80%. Biological product was in second place, up 3.56%. Medical service came in third with a gain of about 3.31%. Railway and highway was the worst performing sector, down 0.60%. Coming in second place was precious metal, down 0.24%. In addition, the already embattled domestic stock witnessed a net inflow of CN¥134.4 billion and the combined turnover on the Shanghai and Shenzhen bourses was in excess of CN¥1.2864 trillion. As expected, a myriad of savvy levelheaded perspicacious pusillanimous risk control pundits have become much more chary about how to construe the recent market move in the protean global market place. Buoyed by soar in US stocks last Friday, all three major stock indexes opened slightly higher across the board and closed sharply higher, starting the first trading session of this week on an upbeat note. As counterintuitive as it may seem at first, but the market atmosphere remained convivial. Notoriously, a narrow range of volatility has corroborated that the risks of market tumult could be attenuated in the backdrop of stalwart support from policymakers. Actually, the overwhelming majority of the unsuspecting callow gullible stock neophytes might have abnegated their precious investment stratagem of a short position. In this febrile mix, a corps of paranoid stock mavens blithely conjectured that all three major stock should continue to open slightly higher and close sharply higher tomorrow. By the way, Dow futures jumped 0.07%, the S&P 500 futures were up 0.07% and the tech-focused Nasdaq Composite futures dropped 0.02% in premarket trading as of 6:22 AM ET.

来源:沛菡教育

相关推荐