Guosen Securities Co.Ltd(002736) the two financial strategies group pointed out that affected by the low bid winning interest rate of the central bank’s reverse repurchase, the two cities walked out of the trend of continuous recovery at the beginning of last week, and the gem index hit a new high since the second half of the year, and the market capacity and sentiment have been improved to a certain extent. After accumulating two days of rebound resistance, the stock index then focused on shock digestion. Last Friday, the stock index continued to rise in the morning, and the growth enterprise market index rose by more than 1%. At the same time, the white horse stock of HENGQIANG, the strong in the early stage, began to fall rapidly, and the stock index was greatly affected. By the close, the main stock indexes of the two cities basically corrected the rise at the beginning of the week, the weekly decline of Shanghai Composite Index and Shenzhen composite index was about – 0.2%, and the growth enterprise market index rose slightly by 0.3% throughout the week.
The correction of strong stocks has a certain impact on the short-term market sentiment, and the stock index may still fluctuate. Nevertheless, the market resistance is also accelerating the release. Although the market fluctuates, it should not be generalized. The characteristics of differentiation may continue. The market is still supported by the valuation advantage, and medium and long-term funds are still expected to continue to use the market callback for optimal allocation.
(Securities Times)
