Chapter 1394 [The two cities next door set off well]
However, it is said that the current capital market did not continue to fall after the sharp decline on the first trading day after returning from the long holiday. There were signs of stabilization in the following two trading days, and the New Securities 50 Index was also consolidating around 4450 points.
First, the international crude oil price fell for two consecutive days after reaching 79 US dollars per barrel. After the deadline for the embargo on Iran arrived, 7 countries and 1 region were finally exempted, including the big Eastern countries.
Inside.
According to the United States, these countries and regions can continue to purchase Iran’s oil.
Who is Iran's largest oil buyer now? It belongs to the big Eastern countries, but Lao Mei made an exemption. This embargo can be called a ban on loneliness. In fact, the entire exemption is to find a way out for itself. The big Eastern countries
He is determined to buy Yilang’s oil, does Lao Mei really dare to stop him?
After the exemption list came out, some people were happy, some were worried, and some chose to ignore it. However, this was obviously not the result that Lao Magnesium wanted most, because the original idea was to reduce the oil imports from Iran to zero.
A large part of the reason for the rapid rise in international oil prices was that the market was worried that after countries stopped importing oil from Iran, it would lead to a shortage of global supply, so they were reluctant to sell, further pushing up oil prices. In addition, at the beginning of this month, the big Eastern countries suddenly rectified their oil prices.
This incident shocked the Western world and accelerated the rise in oil prices.
But now that the exemption list has come out, everyone knows that some of the worries are unnecessary.
Because not only Lao Magnesium himself does not have the confidence to completely stop Iran's oil exports, except for a few countries, most countries will probably not reduce or stop importing Iran's oil in accordance with Lao Magnesium's wishes.
Moreover, some organizations have heard some rumors that Lao Mei has established communication channels with the big Eastern countries. There is a high probability that they will not be able to start a fight and it is just a false alarm.
Now that the risk that could have caused oil prices to rise has been eliminated, oil prices have fallen.
However, just two days after the sharp drop, it stabilized because of a piece of news that once again caused global stock markets to plummet across the board.
Amlica officially announced a 10% tariff on US$200 billion of imported goods from Greater China, and stated that this ratio will be raised to 25% on January 1, 2019 next year. In response, the Eastern power decided
Imposing tariffs on US$60 billion in northern magnesium goods.
The outside world was immediately confused. What is going on?
Why are they further intensifying the trade war? Didn’t the news just come out that the two sides have already communicated? What kind of communication is this? Communication, how lonely is it?
Global stock markets had no choice but to fall first in reverence!
Fang Hong was very calm about this, a stable yuppie, because he was one of the very few people who had known the inside story for a long time.
On Thursday, October 11, affected by this bad news, the three major A-share trading markets fell sharply. The bidding prices all jumped sharply downwards and opened lower. The NSE 50 Index opened sharply lower -1.92%, and the Shanghai Stock Exchange Index opened sharply lower.
-3.04%, and the Shenzhen Component Index also opened sharply lower -3.22%. The three major stock indexes opened one after another, showing a unilateral downward trend throughout the day.
The New Stock Exchange 50 Index broke through the 4400 and 4300 points in a row, while the Shanghai and Shenzhen Stock Exchanges next door were even worse. Not only did they hit a new low for the year, they also fell below the "circuit breaker bottom" of 2638 points in early 2016. The Shanghai Stock Exchange Index fell below 2600 points.
It has dropped more than 1,000 points from this year's high of 3,587.
Individual stocks are also in a miserable state, with large A-shares also hitting the daily limit of 1,000 shares today, and the market volume can be enlarged. The SGX market returned to the trillion-dollar transaction market today, and the overall market pessimism is spreading.
However, today's limit-down of 1,000 shares is mainly due to the fact that the Shanghai and Shenzhen stock markets next door accounted for the absolute majority of the number of stocks that fell to the limit. Although the SGX market was also bleak today, there were only 97 stocks that fell to the limit. With the two markets next door as a foil, investors also called
The SGX market resisted the decline, and happiness often comes from competition. Seeing how miserable the two markets next door were, investors who participated in the SGX market suddenly felt more balanced.
As of the close, the NSE 50 Index plummeted -3.75%, to 7279.13 points; the Shanghai Stock Exchange Index plummeted -5.22%, to 2583.46 points; the Shenzhen Component Index plummeted -6.07%, to 7524.09 points. The total transaction volume of the three major markets was 1,368.2 billion, of which the New Deal
The exchange’s market turnover was 1,009.5 billion.
After today's sharp drop, the market ushered in a wave of oversold rebounds on Friday the next day. The SGX 50 index shrank and rebounded by 1.39% to 4338.55 points. The SGX market turnover was 857.6 billion. The Shanghai and Shenzhen Stock Exchanges next door also
It rebounded somewhat and continued its downward trend in the morning, reaching new lows during the session. Then it counterattacked and closed in the red, driven by heavyweight stocks.
Fang Hong now has two major pieces of good news in his hand, one is the remaining payment of US$50 billion from the local tycoon, and the other is the US$100 billion newly invested by the local tycoon in the fields of Internet, AI and big data.
These two major benefits have been suppressed until now and have not been released because the time has not yet come.
In the following week, the A-share market rebounded for a day but failed to stabilize and continued to fluctuate and fall. On Thursday, October 18, the three major trading markets continued to fall unilaterally, and the three major stock indexes all came out of the black market.
K-line pattern.
The Shanghai Composite Index fell below the 2,500-point mark, and individual stocks were in the dark. More than a hundred stocks fell to the limit. A number of heavyweight Chinese stocks such as Zhong Petroleum, Communications Construction, and China Railway Construction fell on the market. Strong market sectors successively compensated for their losses.
In the SGX market, large heavyweight stocks such as the listed subsidiaries of Galaxy Group continue to fall. About half of the constituent stocks of the SGX 50 Index are large companies with hundreds of billions or even trillions in Galaxy Group. These big guys have fallen.
There is no way that the SGX 50 Index can rise.
After Jiuzhou Blue Arrow broke through the 2 trillion market capitalization mark, its cumulative decline during this period also reached 25 percentage points. Xingyu Technology's market capitalization scale is still just shy of the 10 trillion market capitalization mark, and the NSE 50 Index is also narrowly guarded.
4200 points.
This chapter is not over yet, please click on the next page to continue reading! At the close today, the New Securities 50 Index fell -2.17% to 4203.24 points; the Shanghai Stock Exchange Index fell -2.94% to 2486.42 points; the Shenzhen Component Index fell -2.41% to 7187.49 points
.The total transaction volume of the three major markets was 958.6 billion, of which 718.9 billion was in the SGX market.
The liquidity of the Shanghai and Shenzhen stock markets next door is once again on the verge of drying up, but the SGX market still maintains high trading volume and the market trading atmosphere is very active. This is a sharp contrast between the two.
Investors in Big A really have no confidence in the Shanghai and Shenzhen stock markets next door, and no one is playing anymore. However, when the NSE 50 index fell recently, the mentality of investors was that it was a good opportunity to buy at the bottom. The more the market fell, the more they bought.
Therefore, the trading volume is not weak.
This is the best reflection of confidence in the SGX market. People who were short before were thinking about not having a good position to get on the market. Now that the correction has come down, it is a good time to get on the market.
The New Securities 50 Index has fallen from a historical high of 4582.78 points to today's 4203.24 points, with a cumulative decline of -8.28%. Up to this point of adjustment, funds have begun to buy the bottom.
Most people in the market believe that it will fall to the recent low of 4077 points at most. If it falls to this point, you can go boldly in the direction. The probability of falling below 4000 points is very small. If it really breaks through, it will only make funds increase their efforts to increase positions, because I believe
At that time, the Trillion Leveling Foundation will take action.
This is the reason why everyone has confidence in the SGX market. Nowadays, everyone has always believed that the view of the bull market cycle remains unchanged. As long as there is no sudden black-day event, the bull market in the SGX market is unlikely to be interrupted, or even due to factors.
With the existence of Honghe Qunxing, the rescue will definitely come as scheduled.
