When they saw the NSE 50 index jump to the zero axis and turn up, the big A investors seemed to be relieved. At the same time, they also praised the strong resilience of the NSE 50 index. It was able to turn red despite the panic in the outside world.
It's really rare to see a rise.
Investors call the SGX market directly, and the SGX 50 Index is indeed the light of hope for the current global market.
But at about 11:10 in the morning, a piece of news surprised investors. In the context of major central banks around the world following the Federal Reserve in cutting interest rates, Dongda was surprised.
Unexpectedly calm.
Push messages from major market software:
[Cailian News: Yangyang Bank conducted a 100 billion yuan medium-term lending facility (MLF), with an operating interest rate of 3.15%, the same as before. 】
Market participants generally predicted that interest rates would be cut, but the result was that there would be no reduction, but just some "spicy rice noodles". This was completely unexpected, and the stock market's reaction was to fall back, which seemed to be less than expected.
The three major indexes weakened again. The NSE 50 index turned red and rose by 0.37%, and then turned green and fell again. Judging from the market trend, it had little impact.
However, something worse happened soon after.
The external market has experienced severe negative news, with the Dow Jones Index futures and the S&P 500 Index futures both plummeting and causing another circuit breaker. Magnesium stocks will immediately cool off tonight, which is equivalent to locking in the sixth major circuit breaker in the history of magnesium stocks in advance.
All the major capital markets in the world were not spared during the opening period, and all of them were brought down.
Big A can't be alone, and the New Securities 50 Index can't hold it anymore. It showed a unilateral shock and decline throughout the afternoon. If it weren't for the increase in holdings of the trillion-dollar stabilization fund and the large listed subsidiaries of the Galaxy Group,
Bang Bang repurchase, the time-sharing line is a diving explosion.
There are no stabilization funds in the two neighboring cities and there are no strong stock repurchases like the listed companies of Qunxingxing. The time-sharing index of the Shanghai Stock Exchange just lay flat without bothering to struggle, while the peripheral Asia-Pacific stock markets directly collapsed like a waterfall.
The NSE 50 index fell all the way in the afternoon, easily breaking through the 6,000-point mark, then 5,900 points, 5,800 points, and 5,700 points, until it fell as low as 5,761.47 points in late trading, falling below the lowest point last Friday.
5851.98 points, a new low for the year.
I can't hold it, I can't hold it at all.
In the morning, the NSE 50 index dipped to around 6,000 points. Those who bought the bottom were also dumbfounded. They never expected that it would break a new low for the year, and it went straight back to the 5,700 point line, which completely reversed the false positive line last Friday.
, the kind that reverses downwards.
The major listed companies in the galaxy bought back their own stocks with tears at lower bargaining chips. The repurchases did not have more funds, but they bought a lot more shares.
Now everyone is even more convinced that the end of the world is over. What was initially expected has gradually turned into an established fact. The Fed’s big rescue move has directly rescued the global stock market from a disaster-level market.
The three major stock index futures of Beijing Magnesium have melted, and the coffin plates have been welded. Magnesium stocks tonight witnessed the sixth major meltdown in history, which is iron-clad. It witnessed three meltdowns in one month, breaking the record of two meltdowns in the same month in 2013.
Meltdown history.
Some investors with short positions have prepared melon seeds and benches, waiting to witness history at 9:30 p.m.
Closing at 15:00 p.m., the three major A-share stock indexes plummeted across the board. The NSE 50 Index plummeted -5.72% to close at 5794.98 points; the Shanghai Stock Exchange Index plummeted -3.40% to close at 2789.25 points, and the Shenzhen Component Index plummeted -5.34% to close at 10253.28
point.
The total turnover of the three major trading markets was 2,232.8 billion, of which the SGX market was 1,269.5 billion, a decrease of about 100 billion from last Friday.
Shrinkage is also normal. In this situation, except for stabilization funds and the repurchase funds of listed companies in the galaxy, no funds dare to take over.
Moreover, the buyback plan of the listed companies of Qunxing was originally a major positive thing, but now investors' views have reversed, and they no longer think it is a good thing, but a negative thing.
Isn't this because of the Fed's stud-like operation that made the market expect it to be doomed next?
Under this circumstance, cash is king has become an ironclad consensus. The more cash reserves, the higher the ability to resist risks, and the greater the chance of surviving this crisis. And companies like yours are still consuming cash reserves on a large scale.
Buying back stocks is equivalent to weakening one's ability to resist risks.
Now that you have squandered your money like this, if something unexpected happens later, where can you get financing if you are short of money? Who dares to provide you with financing? Even if they want to provide you with financing, everyone will lose their pants.
.
After today, the large-scale stock repurchase and cancellation plan of the listed companies of Qunxing has turned from a good thing to a bad thing. On the contrary, the more aggressive the repurchase, the sharper the decline.
However, no matter how the market interprets it, this will not affect Fang Hong's established repurchase plan.
In the next period of time, even if you buy back, it is certain that it will fall, but it is also certain that you must insist on buying back as planned if it falls, because if you don’t buy back, it will only fall even worse. By then, the NSE 50 Index will definitely not even reach 5,000 points.
Being unable to hold on is something Fang Hong absolutely cannot accept.
His biggest bottom line is the 5,000-point threshold. Even if there is heavy bleeding, even if the Stars Group has not used its own leverage so far, it still needs to use it to withstand this threshold.
…
Not long after the big A side closed, the eyes of all people in the market were focused on the three idiots who were about to open.
Sure enough, as expected, the three fools in Ozhou also collapsed. It showed a cliff-like dive to a new low at the opening of the market. The Yingzi FTSE 100 index plummeted -10.03%, a new low in ten years; the Dezi DAX30 index plummeted -10.68%, hitting a seven-year low.
A new low this year; Fazi's CAC40 index plummeted -11.72%, also hitting a new low in seven years.
This chapter is not finished yet. Please click on the next page to continue reading the exciting content! After 9:30 in the evening, the magnesium stock market opened. As expected, there was no unexpected drop. After the opening, the plummeting -7% triggered the circuit breaker mechanism.
The index fell nearly 3,000 points, the largest single-day point drop in history.
At the end of the night, the Dow Jones Industrial Average plummeted 2,997 points, or -12.9%, to 20,188.52 points, the largest single-day decline since 1987. The S&P 500 Index plummeted -12%, to 2,386.13 points; the Nasdaq plunged -12.3%, to 6,904.59 points.
The worst day ever.
Global investors once again witnessed history. Today, major markets around the world took turns to stage "Black Monday", which was extremely tragic and unspeakable. The European stock market plummeted across the board, the magnesium stock market melted, the Cana stock market melted, and the Brazilian stock market melted.
South Africa suffers biggest decline in history...
Countless people are paying attention to the major domestic stock forums and communication groups, and even people who do not trade stocks have joined the hot discussion, because the news of the meltdown of magnesium stocks has once again made global news headlines.
[Hey guys, the circuit breaker has been blown three times in a month, right?]
[Many people will be surprised to find out when they wake up that the investment with the highest returns these days is actually... Yu'e Bao!]
[Magnesium stocks have only blown six times in history, but the last time seemed as impressive as a few days ago... (manual funny)]
[The last time, the last time, the last time seems to be still in front of me.]
[A few days ago, he said that he and Buffett could witness the circuit breaker breaking twice a week, but this brother came here for the third time. Ah Mei also believes that misfortunes never come singly... (squinting smile.jpg)]
[We witnessed history together again. The last time we witnessed history was just like four days ago.]
[It feels good to be blown for a while, and it feels good to keep blowing.]
[Congratulations to all the retail investors, you have witnessed that the magnesium stock meltdown is only one less than Buffett's. From now on, the average capita will be close to Buffett's.]
[The Magnesium Fed said to magnesium stocks on the weekend of March 15: It’s time for Dalang to take medicine, and it’s the last bowl. Dalang, die.]
…
(Ps: Should I say it or not? As I was typing this article, the 225 index plummeted -12.4% today, and the Nasdaq futures also collapsed close to -6 points. Could it be that the magnesium stocks are going to double again tonight...
