Chapter 1638 [New trading rules come into effect, energy explodes]
Friday, November 6th.
On the last trading day before the implementation of new regulations, today the NSE 50 Index once again hit a new high, reaching the 8400-point mark with an opening price of 8404.56 points, opening 0.61% higher.
However, when the market opened at 9 o'clock, it showed a unilateral downward trend, and the opening price became the highest price today.
The NSE 50 Index successively fell below the three integer levels of 8400 points, 8300 points and 8200 points during the session, reaching the lowest level of 8181.75 points, a drop of more than 2 percentage points.
Yesterday's market was in a bullish mood. Today's bidding opened at a new high, but it plummeted after the opening.
This trend is because the next trading day is the day when the new trading regulations of the SGX will be implemented. The index has been rising to record highs in the past few days because of this expectation. The new regulations will be implemented next Monday, which is interpreted by the market as the realization of short-term benefits.
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Therefore, after opening higher today, many funds, especially short-term funds, began to cash out profits and withdraw, which caused the index to show a unilateral decline at the opening. However, it stopped falling after it dropped to the -2.05% level and was near the 5-day average price line.
Because the mysterious super main force is taking on the market's selling pressure to support the market, preventing it from breaking the 5-day line. Without the support of the super main force, today's good news will really be realized, and the market will correct.
But this time, Star Group has harvested US$3.13 trillion overseas, one-third of which totaled more than US$7 trillion in capital repatriation, of which US$5 trillion will be allocated to the reservoir of the SGX market.
Fang Hong has set a clear task to push the NSE 50 index above the 10,000-point mark within the year. Today, we cannot interpret the expectation of a market correction as a result of the good news being realized.
The NSE 50 index dropped to -2.05% and stabilized. At around 13:20 in the afternoon, the super main force began to exert its strength. The NSE 50 index gradually moved away from the 5-day moving average and continued to rebound upward, with the decline also continuing to narrow.
, successively regained the 8200 and 8300 points.
Near the end of the trading session, it was once close to turning red, but eventually fell back.
The SGX 50 Index finally closed down -0.31% after the market closed at 8327.55 points. The SGX market's full-day turnover further increased to 1.315 billion, an increase of 87.2 billion compared with yesterday.
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After the weekend, Monday, November 9th.
Today, the 160 million shareholders of Big A are all focused on the SGX market, including Fang Hong, who also took the time to watch the market for a while.
The SGX market will officially implement new trading rules today. From today on, institutional transactions in this market will be T 1, while individual investors or retail investors will be T 0 for a single transaction.
With the arrival of collective bidding, the super main force directly took action strongly and began to do long positions strongly during the bidding stage.
The final bidding result was that the NSE 50 index opened 1.03% higher at the opening price of 8413.40. Not only did it open more than 1 percentage point higher in the call auction, but it also made the opening price hit a record high again.
"Should I go? What's going on? It's a bit beyond expectations. What if the good news comes true and it turns out to be bad news?" At this time, a stockholder who was watching the market muttered in surprise. This is a bit different from everyone's prediction. It was generally expected that short-term growth would occur.
In the event of a correction, you may need to step back on the monthly line. The lowest level should be around 8,000 points, which should have strong support.
The funds used to cash out profits yesterday are not meant to be short on the NSE 50 Index. No one will be short on this index easily in the long term. Those who are short on the index are just looking at the correction in the short term. Those who dumped their chips yesterday were thinking of a short-term retracement of 8,000.
Click left and right and then buy the bottom.
As a result, it rebounded immediately yesterday. Those who sold at that time did not want to enter again. Unexpectedly, the sales went away. Today, it jumped short and opened high at a new high.
At 9 o'clock sharp, the SGX market officially opened.
The NSE 50 index went straight out of the barefoot Yang, opened higher and moved higher, holding high and hitting high. There was volume and price, and both volume and price rose.
Because the super main force has a lot of money, he immediately pulls in, and can absorb all the selling. When other investors see such strength, they are shorted, and the funds that were sold out yesterday have to chase the high and buy it now.
Around 10 o'clock, major market software push messages:
[The NSE 50 Index continued to rise, with the increase expanding to 2.11%, reaching the 8,500 point mark for the first time]
"Made, buy!" Seeing this trend, a retail investor finally couldn't help but chase the market higher. After entering the market, he couldn't help but secretly cursed: "Damn! You shouldn't have hesitated at the end of yesterday's trading!"
At this moment, more and more OTC funds cannot bear to enter the market.
Today's trading volume can be extremely exaggerated, especially retail investors, who are generally participating in buying and selling transactions in the SGX market.
Because the stock account of retail investors in the SGX market is a single T 0 trading mechanism, there is another opportunity to sell after buying today, which is equivalent to a chance to regret. If you think you bought wrong, you can stop the loss on the same day to prevent losses.
expand.
Therefore, the majority of stock investors have suddenly become much more courageous to pursue higher prices. At worst, they will just use that selling opportunity by then.
This also made the trading activity on the market unprecedentedly high, and trading volume can be the best and most intuitive data feedback. At around 11:15, major market software pushed a news message:
[The current trading volume of the SGX market has exceeded the 1 trillion mark]
"What the fuck? It's not even 11:30 yet, and the transaction volume today has exceeded one trillion?" At this time, a stock investor was surprised when he saw this news. After a while, he immediately thought of buying securities and quickly switched to securities
A quick look at the sector shows that securities are rising rapidly in the opposite direction.
Obviously, he was not the only one who thought of this. The new trading rules were implemented in the SGX market today, and the trading volume could surge significantly, which emotionally stimulated the securities sector to move up.
However, this investor initially wanted to find a brokerage stock to intervene, but then gave up. Then he wanted to pursue securities ETFs, but also gave up, because both brokerage stocks and ETFs are in the next door market and are T1 mechanisms. Today
You can't sell if you buy, and you won't be able to get away if it dives in the afternoon. After all, the scumbag nature of a brokerage is obvious to all.
But soon, the investor found an intervention product. He entered the trading code 513090, and it turned out to be the Hong Kong G Securities ETF. This product has a T 0 trading mechanism, and you can buy or sell it today.
At this time, the ETF had just stepped back to the 2.55% level. This investor decisively intervened. In the afternoon, it once shot up to 5 percentage points, and then traded sideways for an hour. He closed when the gains were good, and then took profit by 2.27 percentage points.
Evacuated.
At that time, the brokerage sector exploded in the afternoon, with Guolian Securities hitting the intraday limit, Guangfa Securities, and Zhongjin Company both closing their boards. Among them, Zhongjin Company, a sub-new stock securities company, stepped out of the Second Board, and has nearly doubled in six trading days after its issuance and listing.
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Around 13:00 in the afternoon, major market software pushed messages again:
[The current trading volume of the SGX market exceeds 1.5 trillion]
When all the investors saw it, they all said, "Hey guys, this is going to exceed the 1.6 trillion transaction record set by the market in July." Everyone saw that it was just past 13:00, and there were still 2 hours of trading time.
The market has just closed, and the SGX market will definitely set a new record for the largest single-day trading volume in history.
At this time, if we expend another 100 billion in energy, we can break the record. There are still nearly 2 hours of trading time. No matter what, it is enough to break the record.
Around 13:41, major market software pushed messages:
[The current trading volume of SGX exceeds 1.62 trillion, setting a new record for the largest single-day trading volume in history!]
Investors from all walks of life were shocked when they saw that the transaction record had been broken so easily. It still had more than an hour to close, and at this time, the market was still rising with volume. Is it possible that the SGX market will be created today?
Is it possible to set a new record of 2 trillion yuan in transaction volume alone?
