Today's stock market analysis and outlook (8.19)

time:2023-03-24 02:06:23 source:clevelanddrifters.com author:Market analysis
Today's stock market analysis and outlook (8.19)

#Header Finance# #stock finance# #Financial News# [Key news selection] The Ministry of Industry and Information Technology proposed to guide the expansion of consumer demand for automobiles, home appliances, green building materials and other bulk commodities; "Notice on Governance (Draft for Comment)", to guide the formation of reasonable prices for dental implants and crowns; Chen Kelong, director of the Department of Raw Materials Industry of the Ministry of Industry and Information Technology, said that the management of total rare earth indicators will be improved to promote the stability of rare earth product prices within a reasonable range; the State Grid is under high temperature and high load in some parts. Provinces piloted the implementation of staggered charging of electric vehicles; the first batch of pilot projects were in Chongqing, Zhejiang, and Hubei, covering nearly 350,000 charging piles. The charging will be adjusted in a timely and appropriate manner during the peak period of electricity consumption from 3:00 pm to 10:00 pm power, and stabilize the peak load of electricity consumption; TSMC said that 3nm chips will be mass-produced in the second half of this year. [Important Announcement] The operating income of SF Holding's express logistics business in July was 14.759 billion yuan, an increase of 13.52% year-on-year; Wen's Co., Ltd. achieved operating income of 31.535 billion yuan in the first half of the year, an increase of 2.96% year-on-year; Germany's Geiger, a wholly-owned subsidiary of Tieliu, has received Fixed-point notice issued by Bosch Group; China CDFG Hong Kong IPO issue price has been set at HK$158.00 per H share. [External disk dynamics] The three major U.S. stock indexes closed up slightly on Thursday, the Dow rose 0.06%, the S&P 500 rose 0.24%, and the Nasdaq rose 0.21%. The oil and gas sector rose sharply, with monkeypox and WSB concept stocks among the top losers, and most popular Chinese concept stocks fell. WTI crude oil futures closed up 2.71% at $90.5 a barrel; Brent crude futures closed up 3.14% at $96.59 a barrel. [Market Review] On Thursday, the index hit 2800 points and encountered resistance, and individual stocks ended two consecutive days of general gains. Overnight, the external market generally fell and semiconductors were under pressure at the opening, but new energy themes such as solar thermal power generation and heat pumps continued to be strong. Photovoltaic inverters rose sharply under the mid-term report that exceeded expectations. New energy vehicles and robots also performed, but consumer and real estate stocks Suppressing the performance of the Shanghai Stock Exchange, the Genesis Index rose in early trading and then quickly fell back. In the afternoon, the concept of three generations of semiconductors and Apple changed, but the index was weak. The Shanghai Stock Exchange Index fell 0.46% throughout the day, and the Genesis Index fell slightly by 0.08%. The net selling of funds from the north was 4.6 billion, ending the 5 consecutive days of net purchases. [Today's Outlook] The index rush was blocked again on Thursday, and the blue-chip performance was obviously weak due to the outflow of foreign capital throughout the day. Although the new energy theme continued to perform, the overall profit-making effect of the market was general, and the willingness of funds to chase high is still not strong. In late August, the market is about to face the intensive disclosure of the mid-term report, and at the same time, the LPR interest rate will be announced soon. Short-term funds may be cautious again if the continuous clearance fails, and it is recommended to hold a wait-and-see approach as the weekend approaches.

(Responsible editor:Garbage)