Chapter 1549 [Magnesium stocks continue to explode, drinking poison to quench thirst]
However, just after it broke through the 6,700 mark, it fell the next day, and then continued to fall and correct. A very critical factor was the plummeting of magnesium stocks.
On Monday, February 24, the three major stock indexes of Beijing Magnesium jumped short, opened lower, and moved lower. The Dow Jones Index plummeted by more than a thousand points, down -3.56%, directly breaking through 28,000 points and setting a new low for the year. The next day, it fell again.
Explosive kill -3.15%, once lost 27,000 points.
On Wednesday, February 26, the Dow Jones Index closed down -0.46%, effectively falling below the 27,000-point mark, but there was no big negative line explosion like the previous two days, and it seemed to have stabilized.
However, on Thursday, February 27, the three major stock indexes suffered another explosion, easily breaking through the 26,000-point mark. The Dow Jones Index plummeted -4.42% that day, closing at 25,766.64 points.
The K-line went negative for six consecutive days, and the negative line plummeted continuously. In just six trading days, the Dow Jones Industrial Average fell by more than 12 percentage points.
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"The external stock market has fallen very violently recently, especially the Northern Magnesium stock market. The Dow Jones Index has fallen by more than 5,000 points in just one week." Tian Jiayi, who was staying with Fang Hong at this time, looked at him and said, the brutality of the external market made him feel sad.
She was shocked, she didn't expect it to be so tragic.
"Haha, this is just an appetizer." Fang Hong said with a smile: "The Squid Group is going to cut it hard. Just watch, there will definitely be a circuit breaker in the future, and it will be a continuous circuit breaker.
The market price has doubled compared to the last two major circuit breaker attempts to hunt me down."
Hearing this, the beautiful assistant was surprised again and couldn't help but said: "It's even worse than that time? Then isn't the Bei Magnesium stock market going to be doomed?"
Fang Hong said slowly: "It's not over. The end of the magnesium stock is almost the end of the magnesium grasshopper. Do you think the magnesium grasshopper will be finished so soon? Obviously not that fast. It will be tragic for sure, but he will die if he falls.
If you don't push it up, you will really die."
Tian Jiayi thought for a while and said: "But where can we get the liquidity to lift the market? Bei Magnesium's strategy of harvesting wealth in Greater China has completely failed. Looking at the world, there is no second economy that can satisfy its appetite.
.”
Fang Hong shrugged and said: "Printing unlimited money, even though they are drinking poison to quench their thirst, they also know that they are drinking poison to quench their thirst, but they have no choice. If they don't drink poison, they will die suddenly on the spot. They can only drink poison first and then talk about it."
…
The next day, Friday, February 28th.
Affected by the continuous plunge in the external market, A-shares finally came to a standstill, and panic finally spread to the big A-shares.
Today, the three major stock indexes all jumped short and opened lower. After opening sharply lower, they started to rebound upward. However, a rumor came out at noon. Some sources said that big funds were quietly withdrawing, and some people claimed that the super main force of the protective funds before the Spring Festival was withdrawing.
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As soon as the news spread, the rebound came to an abrupt end, and it quickly plunged further to reach a new intraday low.
Judging from the trend on the market, it opened lower in the morning and fell back, and continued to fall in the afternoon, with the Shenzhen stock market leading the decline. It first used heavy volume to pull up the bulls, and then used heavy volume to trap people, resulting in the A-share market trading of RMB 2 trillion today and the trading volume plunged and fell.
Theme stocks fell across the board, with micro-cap stocks becoming the hardest hit area.
The concept of masks dominates the three major markets. Today, only this segment has a profit-making effect, while other places basically eat noodles.
More than 5,000 stocks fell in the two cities, almost annihilating them. The median rise and fall of individual stocks was -6.17%. The two neighboring cities staged a situation where thousands of stocks fell by the limit. On the SGX market, more than 100 stocks fell by the limit.
In other words, the SGX market has strong resilience and is significantly more resilient than the two neighboring cities.
As of the close, the three major stock indexes ended their decline across the board, falling -1.89% to 6519.51 points; the Shanghai Composite Index plummeted -3.71% to 2880.30 points; the Shenzhen Component Index plummeted -4.80% to 10980.77 points.
The entire market trend is like a roller coaster, which is dizzying. I originally thought that Big A could survive alone, but I didn't expect that there would be a sharp drop today, which caught many investors off guard.
For a time, the mood of stock investors also fluctuated, and they worriedly followed the changes in the market.
In the evening, the Beijing Magnesium Stock Market opened, and the market plunged again. The Dow Jones Index once plummeted by more than 4 percentage points during the session, and was easily broken through the 25,000-point mark. However, it rose all the way in the late trading, and finally closed at -1.39.
…
On weekends, the Black Swan situation continues to ferment. It ended at the end of February and has basically conquered the world. The number of people who have been recruited has exceeded 100,000, but more than 85% of them are abroad.
The response to crotch pulling in various places overseas has shocked countless people in China. Previously, many well-known celebrities attacked the mainland for being incompetent in dealing with masks, and threatened that if this happened abroad, it would never be like this.
Are you stupid now?
Dongda is the top student in the class, and the others are not the ones with the most hips, but the ones with the most hips.
This has made countless well-known big Vs so popular that they don’t even know how to be round, so they have to pretend to be dead, like an ostrich. Now if those big public Vs dare to show their faces, they will definitely be killed by the majority of netizens.
After the weekend weekend, on Monday, March 2, the A-share market opened to a good start in March.
After last Friday's sharp decline, today's counter-package market directly staged.
Today's Big A mainly has two major benefits, one is the launch of 25 trillion key infrastructure projects, and the other is the official implementation of the new securities law on March 1.
As soon as the market opened, major infrastructure, industrial Internet, 5G, and new energy sectors took off one after another. Especially the major infrastructure sector broke out and staged a daily limit wave. The Shenwan Building Materials Index soared by more than 8%, coupled with the stimulation of new securities issuances.
, the trend of non-bank financial sector is also strong.
This chapter is not finished yet, please click on the next page to continue reading the exciting content! Both Shanghai and Shenzhen stock markets rose by more than 3 percentage points in early trading, and the market enthusiasm in the afternoon did not diminish at all. Various industry sectors bloomed more, and all stocks closed in the red.
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The three major indexes today, the SGX 50 Index, underperformed the Shanghai and Shenzhen stock markets. Today’s news on policy is not good for the SGX market. The big infrastructure stocks are all in the two markets next door, and the decline last Friday was lower than the one next door.
The two cities are less.
In fact, the main reason is that the current funds are insufficient to boost the three major trading indexes at the same time. The capacity of about 2 trillion is basically the current limit of the A-share market. If the funds go to the two neighboring cities, there will be less in the SGX market.
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As of the close, the NSE 50 Index closed up 1.75%, at 6633.33 points, with a turnover of 1,125.1 billion; the Shanghai Stock Exchange Index rose 3.15%, at 2,970.93 points, with a turnover of 397.2 billion; the Shenzhen Component Index rose 3.65%, at 11,381.76 points, with a turnover
632.1 billion, and the total transaction volume of the three major trading markets was 2.1544 billion.
In the evening, the Beijing Magnesium stock market opened. After continuous sharp declines, it also ushered in a retaliatory rebound today. The Dow Jones Index once rose by 1,300 points, almost closing the day, and ended the day with a surge of more than 5 percentage points.
Various institutions have interpreted the market immediately. Considering the market heat, the money-making effect has not been confirmed to disappear, and the rapid decline of overseas risk assets may also be coming to an end.
The market outlook can be positive and optimistic about the equity market. Now a clear focus of policy is on "new infrastructure", which can not only hedge against the possible decline of the current economy due to the impact of black swan events, support the economy, but also help
further transformation of the economic structure.
The pace of entry of incremental OTC funds is still very fast and continues to provide financial support for the main line of technology growth.
In a word, it will continue to rise in the future.
