Gem Rebound Is More Impressive

This week was the last trading week in October. On Friday, the two cities' stock index was closed in a narrow concussion. Finally, the Shanghai Stock Index successfully recovered in October, ending the previous 4 month negative trend.

Since this month, the market turbulence has gone up, although the systematic opportunities are not obvious, but the market is hot and popular, and it has a strong popularity.

The rebound is quite impressive.

Analysts believe that in a financial environment where risk-free interest rates continue to fall, liquidity adequacy will be maintained in the medium to long term.

At the same time, due to the short-term accumulation of a certain increase, it is expected that the market will enter a broad concussion period after reaching a profit balance in November.

The red market in October is mainly due to the two logic of market recognition.

One is that the market has entered the low interest rate era for a long time. Liquidity is in a sufficient state in the medium and long term, and the market lacks good asset allocation. The second is the probability of systemic risk breaking out in the short run.

But it is noteworthy that blue chips, such as banks, brokerages and other sectors, are always at a higher level.

And in the second half of October, the volume of the market is shrinking, which shows that incremental capital is not recognized by the market.

The last trading day of the month,

Temporarily rebound, Shanghai and Shenzhen stock index slightly callback.

At the same time, A shares ended the previous month's negative momentum, and the Shanghai and Shenzhen stock index rose more than 10% in one month.

Since the beginning of this week, the stock index has entered the consolidation stage after the previous rise, and the 5 trading days always fluctuated around the 3400 points.

In the end, the stock index fell 0.88% this week.

On the disk, on Friday, the disk went out of the rush.

But the market has not been able to support it in the upward process.

The second - tire concept plate was up 5.14% on Friday, followed by internet security, and securities firms were up 3.19% and 2.57%, respectively.

Coal, nonferrous metals, steel and other sectors are the main force of decline, with a drop of more than 1%.

At the close, the Shanghai Composite Index closed at 3382.56 points, down 4.75 points, or 0.14%.

Shenzhen stock index closed at 11546.05 points, down 20.61 points, or 0.18%.

Gem index closed at 2478.28 points, down 7 points, or 0.28%.

The turnover of the two cities was 802 billion 600 million yuan.

Looking ahead, analysts believe that the current market market stock capital game is more obvious, on the one hand, the real economy is not optimistic, the stock market is still the main direction of market capital asset allocation.

On the other hand, there are more capital in early high points, and new capital may be limited.

In addition, market participants were also worried about the sharp fall in the stock market in 7 and August, and the risk preference was still low.

It is expected that in the coming period, the market will enter the cycle of early capital gain and index recovery, while the index will range from 3300 to 3500.