Not long after the market trading volume exceeded one trillion, the NSE 50 Index fell sharply and began to plummet.
Seeing such a large amount of money being released, the profit-making funds finally couldn't help but start shipping goods to cash in profits, and finally ushered in a large-scale cash selling wave.
In fact, as early as last Friday, the first divergence should have occurred. However, due to the large-scale downtime of brokerage firms at that time, everyone was unable to trade normally. Originally, the volume had started to increase last Friday. Under normal circumstances, it would definitely set a new record for the largest order in history.
The daily turnover was recorded. As a result, due to this incident, the final turnover was locked at 1.9 trillion.
There should have been a divergence last Friday, and today's opening saw another sharp increase. The floating profit of many people's chips in just 5 trading days was close to 1.5 times. Seeing the sudden increase in volume at this moment, they followed the shipment.
It's safe to leave the bag on the road.
The current situation in the SGX market is something that no one has ever seen in their lifetime, let alone experienced it. It is impossible to predict how the market will go in the future, so it is better to settle for safety.
As a large amount of profit-making funds fled, the New Securities 50 Index fell all the way. At the same time, accompanied by the release of huge amounts, the lowest fell to 13509.68 points about half an hour after the opening, and the increase narrowed to 1.69%. However, there was an extremely high level near 13500 points.
If there is a strong buying order, the price will not fall at all.
Because the super main force stays at this position, it can easily accept any selling that comes.
The short-selling funds that came in from the market at the opening, especially many retail investors, were confused when the NSE 50 Index fell back. They were panicking to death. In ten minutes, the loss was only seven or eight points. After buying, the stock price fell.
, if you can’t handle such a big fluctuation, then sell it quickly.
In the current SGX market, individual retail investors have a single T 0, which means they have one chance to sell on the same day when they buy.
The trading volume in the market is so terrifying precisely because of the single T 0 trading mechanism.
However, after half an hour of retreat, the NSE 50 index strengthened again, because OTC funds were frantically hunting for the bottom, and foreign capital was also buying frantically. At this time, the net buying of foreign capital had soared to 115.3 billion.
In addition, market holders are also switching between high and low. After selling high in early trading, they wait for the first round of divergence in the market to appear before buying again.
Under the huge fluctuations in the market, some high-level investors use the opportunity of a single T + 0 to arbitrage and expand their profits. Some people can even make more than 50 points a day based on this.
In the SGX market's current price limit of ±20% and the single T 0 trading mechanism, if a retail investor has the first-hand chips, he can theoretically achieve a maximum return of 170% within a day, and this is possible without leverage.
Achieve 1.7 times the ultimate income.
That is to say, if you sell the chips in your hand at the daily limit of 20%, and then use the single T 0 mechanism to gain two more shares, you can achieve a super high return of 170% within a day.
Because if you make a profit with a price limit of 20%, it will be a profit of 50 points.
For example, if you buy a stock for 100,000 yuan on the last trading day, if you sell the stock at the daily limit today, the price will be 120,000 yuan. If you buy the next stock, the price will be 180,000 yuan. Then with a single T 0 mechanism, if you buy it today,
There is still one opportunity to sell the invested capital. If you cash out the 180,000, you can buy the next stock and gain another floor, it becomes 270,000, which adds up to a 170% profit.
Even if there is no first-mover advantage, if you just buy, sell, and then buy again on the same day, the theoretical ultimate return can be 125%, that is, you can gain two floors, and earn 50 points for a 100,000 buy into 15
10,000, sell it and then buy the next ticket for 150,000 and then take 50 points to become 225,000.
However, this is only a theoretical extreme return. In reality, it is basically impossible for anyone to achieve such an extreme return.
Especially in the current market situation, not a single stock in the entire market has fallen. Even if it is diving now, no stock has turned green or fallen. However, there are still people who made a huge profit of 40 or 50 points today by using the first capital divergence to perform T operations.
There are even 60 points.
Just as the SGX market was seeing a huge plunge, the two markets next door also opened as scheduled at 9:30.
The Shanghai and Shenzhen stock exchange indexes plummeted at the opening today, and they opened low and plunged sharply. This trend is directly related to the SGX market. The reason is that all the funds went to the SGX to hunt for the bottom. There was no violent force on the SGX today.
Empty, ushering in the first wave of major divergences.
Previously, the sharp rise was due to the SGX. A few days ago, the SGX market was violently shorted. When the funds were short, I turned around and went to the two markets next door. Now I can buy chips in the SGX market. The two markets next door.
The city's funds will naturally be siphoned away.
At 9:53, all major market software push news:
[SGX market turnover exceeded 2 trillion, setting a new record for the fastest turnover in history]
"Wold God!! There was a transaction of 2 trillion yuan in less than an hour? I completely lost my mind. Damn it! 2 trillion yuan in an hour, and there are still 5 hours to close. Today's transaction is so booming."
How much is the amount?"
A retail investor who was watching the market was dumbfounded. He was not the only one. Everyone in the market was so shocked that they could not close their mouths.
After a few minutes, the big financial and securities companies next door took off again after diving, which also helped the market index stop falling and rebound. Some of the funds went to buy securities companies' stocks. Such a terrifying trading volume on the SGX market was a real benefit to the securities companies.
performance.
At the same time, the first round of divergence in the NSE 50 Index ended, and the index began to rebound upward in a V-shaped manner. At the same time, individual stocks in the entire market generally showed a V-shaped trend.
Real-time data from Xingangtong Connect shows that net purchases by foreign investors have now expanded to 157.2 billion, and the number is still soaring rapidly.
Foreign investors are also rushing to buy, buying everything, really everything. As long as it is a stock in the SGX market, foreign investors are buying like crazy. After the first major divergence ended, the market entered into a short squeeze again.
situation.
However, the trading volume has slowed down. When you look at this situation, there are fewer and fewer people selling, fewer transactions are changing hands, and the volume has also slowed down. But this is also compared to the sky-high volume in the morning.
, the actual trading volume in the SGX market is still terrifying.
At around 10:16, a new stock registered and listed on the SGX went viral. It was the only new stock on the SGX market today. At this moment, it ranked first on the stock popularity list. Its popularity is extremely high.
burst.
This new stock is called Feisheng Technology, a software development company, with an issue market value of 2.753 billion yuan, an issue price of 55.06 yuan per share, and a total share capital of 50 million shares.
For new stocks registered and listed on the SGX market, there are no price limits on the first day of listing, and there are price limits on the next day.
The opening price of Feisheng Technology's stock opened at a price of 496.43 yuan, 801.61% higher. It increased 8 times directly from the opening, and the market value soared to 24.821 billion. Needless to say, the market value of this company is definitely not worth this price.
If put in normal times, the listing would have more than doubled the increase. However, this stock of Feisheng Technology is lucky. Not only has it hit such a super market, but it is also the only new stock listed today. There is as much money in the market as
Like happy beans.
After Feisheng Technology opened, instead of falling back, it soared straight up. It reached the price of 645.35 yuan in a few seconds. The intraday increase soared to 1072.08%, which directly doubled ten times in one day. It did not even touch the intraday price limit, and trading was temporarily suspended.
half an hour.
There will be two intraday temporary suspension mechanisms for new stocks listed on the SGX market. Taking the opening price as the base value, a temporary stop will be triggered if the increase or decrease is ±30%. Trading will resume after half an hour of temporary suspension. The first temporary suspension will be triggered.
The stop price is the base value, and a rise or fall of ±30% triggers a second temporary stop. Trading is also temporarily suspended for half an hour and resumes trading.
When the second temporary stop is over and trading resumes, there will be no restrictions on the rise or fall throughout the day. Theoretically, the price can rise indefinitely.
Feisheng Technology resumed trading at around 9:30. It only took 89 seconds for the company's stock price to reach 838.95 yuan, which directly triggered a second temporary stop. At that time, the whole day's increase reached 1423.70%, a surge of 14 times.
