Haitong Securities Company Limited(600837) : the market is still in the box, and the overall trend remains unchanged

Haitong Securities Company Limited(600837) released the early evaluation of investment advisers. Yesterday, the Shanghai and Shenzhen stock markets continued the weak trend of last week and opened low in the morning. After the Shanghai index once reached near the 60 day line, it began to rebound and turned red in the end. Coupled with the protective role of heavyweights such as finance and real estate, the downward space of the index in the short term is limited. However, from the recent trend, driven by the financial and science and technology sectors after the national day, the Shanghai index once approached the high of 3050, but then started the adjustment trend. Last week, we said that the index is expected to continue to adjust around 2980-3040 due to the upper pressure. At present, the adjustment is better than expected. Fortunately, the lower support is also stable. There is no major panic in the market, but the trading is relatively light due to changes in China's external environment and market factors, the short-term risk appetite of investors is reduced, and the market is still in the box, The overall trend remains unchanged. Investors need not be too alarmed. They can look for new growth points after the Fourth Plenary Session of the 19th CPC Central Committee and the Political Bureau meeting in the third quarter at the end of October.

(Securities Times)

 

- Advertisment -