Today's stock market analysis and outlook (8.4)

time:2023-03-24 02:02:16 source:clevelanddrifters.com author:Garbage
Today's stock market analysis and outlook (8.4)

#Header Finance# #stock finance# #How strong is the sense of Qixi ceremony# [Key news selection] State Grid stated that with the acceleration of UHV, pumped storage, ultra-high voltage and other projects, it is expected to complete nearly 300 billion yuan during the year Investment in power grids; the closing price of a new round of lithium concentrate auctions in the Pilbara was US$6,350/ton, up 2.6% from the last time; the passenger car market retailed 1.768 million units in July, up 17% year-on-year and down 9% month-on-month; Changsha It is proposed to increase the purchase indicator for local households with two or more children in accordance with the law; OPEC+ said it will increase its oil production target by 100,000 barrels per day. [Important announcement] BYD sold 162,500 new energy vehicles in July; Daqo Energy achieved a net profit of 9.525 billion yuan in the first half of the year, a year-on-year increase of 340.81%; Asymchem plans to repurchase shares at a price of 400 million to 800 million yuan. No more than 290 yuan per share; Shouhang Hi-Tech plans to invest 10 billion to 11 billion in the construction of "200MW solar thermal + 800MW wind power + 520MW photovoltaic" project; International Industrial was awarded the fund under the name of Heyi Yingtong, with a total shareholding ratio of 5.83% ; Great Wall Military Industry said that the company is currently planning non-public offering of shares related matters. [External disk dynamics] The final value of the Markit service industry PMI in the United States in July was 47.3, a new low since May 2020, but better than the expected 47. The recession fears eased. Next Wednesday, US stocks generally rose, the Nasdaq rose 2.59%, and the S&P 500 index Up 1.56%, the Dow rose 1.29%, and most of the popular Chinese concept stocks and large technology stocks rose. Moderna rose nearly 16%, Paypal rose more than 9%, Facebook rose more than 5%, Amazon rose 4%, Apple and Alibaba rose more than 3%, Tesla, Google A, JD.com, and Netflix rose more than 2%. AMTD Digital fell more than 34%, with a total market value of US$203.55 billion [Market Review] A-shares continued to slump on Wednesday, and new energy generally fell to a new low in the index refresh stage. After the news, the sentiment of individual stocks recovered significantly. The index opened quickly and rose rapidly. The military industry opened low and then quickly rose. Themes such as robots and automobiles continued to be strong. The rise once again led to a recovery in sentiment, but Delian Group quickly stepped out of the sky, and many popular themed stocks quickly dived. In the late trading, the new energy sector fell across the board, hitting a new low in the index refresh stage. The Shanghai Composite Index fell 0.71% throughout the day, and the 1.86% drop in the 100% Index. The daily limit of 37 companies in the two cities was the lowest since April 25. [Today's Outlook] The new energy slump will hit a new low in the refresh stage next Wednesday. Since July, the major indexes have continued to decline. The market trading logic has changed greatly under the impact of multiple events. Macro expectations are no longer dominant, and short-term risk aversion has clearly prevailed. , it is recommended to control the position in the short term and wait for the index to stabilize and strengthen, and pay due attention to the opportunity of hedging.

(Responsible editor:Technology stocks)

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