Reinstatement of epic rise is just an untenable waffle

360影视 国产动漫 2025-03-12 18:11 2

摘要:It’s clearly been an exceedingly topsy-turvy day today once again for the overwhelming majority of callow gullible neophytes who h

It’s clearly been an exceedingly topsy-turvy day today once again for the overwhelming majority of callow gullible neophytes who have been sanguine about short-term market move. More worriedly, a myriad of impenitent stouthearted financial consumers had a pang of fretfulness under the weight of an already looming market tumult. In the meantime, it should be noted that a small percentage of the paranoid market anticipants remained imperturbable at this stage. In contrast, a flock of ever-optimistic obstinate hardbound veteran market observers fervently believe that the rational exuberance should return to the previously beleaguered domestic equity markets in the backdrop of supportive measures. The Shanghai Composite Index, which opened more than 5 points higher, took a nosedive shortly after the opening bell, ate into its gains, at one point dipped as much as 0.26% by 9:45% to the lowest level of the day, went straight up, tiptoed around yesterday’s closing level in early trading, was down almost 5 points around lunchtime, slowly trudged up in early afternoon trading, reclaimed its losses, slowly careened lower with barely ten minutes to go until the market closed, at last was a couple of points lower, or 0.23%. The Shenzhen Component Index, which advanced 0.33% at its opening, went down precipitously in the opening minutes of trading, pared back its gains, tilted into correction territory, at one time dropped as much as 0.28% earlier in the day, reached its nadir, swiftly leapt, traded sideways, was up almost 2 points around lunchtime, gradually lumbered up shortly after the afternoon opening, briefly climbed as much as 0.70%, reached its zenith, gradually inched lower in the last thirty minutes of trading, eventually edged down 0.17% and wavered for much of the day. The tech-heavy ChiNext Index, which opened 0.32% higher, took a nasty turn for the worse in the few minutes of trading, gave up its gains, slipped into negative territory, for a time descended as much as 0.47% earlier in the session, came up precipitously, traded flat earlier in the session, was down almost 6 points around lunchtime, bumped up, slowly moved lower in the hour leading up to the close, shed the most among major stock indexes with a 0.58% downswing and tweeted throughout the day. Power apparatus was the biggest winner of the day, up 3.06%. Jewelry was in second place, up 2.43%. Game came in third with a gain of about 2.29%. Energy metal was the worst performing sector, down 1.46%. Coming in second place was biological product, down 1.37%. Electrical chemical was the third worst performer, down 1.31%. In addition, the previously beleaguered domestic equity markets registered a net inflow of CN¥201.9 billion and the combined turnover on the Shanghai and Shenzhen bourses was in excess of CN¥1.6838 trillion. From a pure market perspective, the benchmark Shanghai Composite index should continue to oscillate between 3,000 and 3,300 threshold for the remainder of the month. In view of the current intricate and complex international financial environment, it’s hard not to draw the conclusion that the apprehension about a fresh bout of market rout has been omnipresent and a growing strength of shorting remained omnipotent. Notoriously, the repercussions of the plummet in the US stocks will continue to reverberate through the global financial markets. There is an unspoken consensus among the savvy levelheaded perspicacious pusillanimous risk control pundits that the reinstatement of epic rise is just an untenable waffle without window guidance and administrative intervention. All in all, an all-out nosedive in late trading prognosticated that all three major stock indexes should open slightly lower and close sharply lower tomorrow.

来源:易玲珑的世界

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