摘要：It’s clearly been an exceedingly horrendous day today once again for the overwhelming majority of the impenitent stouthearted fina

It’s clearly been an exceedingly horrendous day today once again for the overwhelming majority of the impenitent stouthearted financial consumers who have been bullish on short-term market move. As expected, all three major stock indexes opened slightly lower and close sharply lower on Wednesday under the weight of market rout. In the meantime, the fresh bout of market impasse appeared to have incurred the wrath of a myriad of ever-optimistic obstinate hidebound veteran market observers given that more than 3,900 stocks slid. In the bitterness of a sudden pang of remorse, a small percentage of the callow gullible stock neophytes might have begun to ditch their holdings like crazy, even though the drop was modest. It is unassailable that the market bulls skirmished with the market bears today, but the latter vanquished the former as the market confidence is declining. The Shanghai Composite Index, which opened more than 0.83 points lower, went straight up shortly after the opening bell, reached its zenith, took a nasty turn for the worse, slowly trudged up, reclaimed its losses, pared back its gains, gradually moved lower in early trading, was down almost 15 points around lunchtime, at one time tumbled as much as 0.86% in early afternoon trading, traded sideways with barely ten minutes to go until the market closed, at last was down 0.39% and dropped for the second day in a row. The Shenzhen Component Index, which shed 0.12% at its opening, swiftly leapt in the first few minutes of trading, took a nosedive, slowly careened lower earlier in the session, was down almost 111 points around lunchtime, at one point plunged as much as 1.65% by 14:05 p.m. to its lowest level of the day, was off its lows, gradually lumbered up in the hour leading up to the close, eventually edged down 0.99% and notched a two-day losing streak. The tech-heavy ChiNext Index, which opened 0.08% lower, came up precipitously in the opening minutes of trading, dropped steeply earlier in the day, inched lower, was down almost 22 points around lunchtime, moved lower, reached its nadir, slowly bumped up in the last thirty minutes of trading, ultimately plummeted the most among major stock indexes with a 1.15% downswing and logged its second consecutive day of losses. Coal industry was the biggest winner of the day, up 3.60%. Shipbuilding was in second place, up 3.20%. Jewelry came in third with a gain of about 2.84%. Semiconductor was the worst performing sector, down 3.10%. Coming in second place was auto part, down 2.69%. Electrical machinery was the third worst performer, down 2.57%. In addition, the previously beleaguered domestic equity markets registered a net outflow of CN¥77 billion and the combined turnover on the Shanghai and Shenzhen bourses was in excess of CN¥1.6067 trillion. In theory, today’s market carnage might have been seen as an opportune buying opportunity for a flock of impetus retail investors who continued to sanguine about follow-up robust rebound. To be sure, an army of diehard market bulls didn’t gainsay the fact that the recent market performance of the previously embattled domestic stock markets definitely outperformed the others when the US stocks plummeted in succession over the past few weeks. Nowadays, it’s hard not to draw the conclusion that the trepidation about international situation is heating up. All in all, the current intricate and complex market environment might have prognosticated that all three major stock indexes should continue to oscillate viciously in the last trading session of this week.

来源：永生自媒体