519 Market Decade: The market hit a new high

The old investors will not forget the May 19, 1999, the policy of pushing hands ignited a a-share a round of mammoth market, yesterday a a-share ushered in the "5 19" 10 Anniversary of the day, from the trading situation, insipid in a few wonderful. Market: 2688.11-point A-share a new rebound new high U.S. stock market harvest "Red Monday", JPMorgan Chase, Goldman Sachs and Morgan Stanley said it will repay the 45 billion dollar "tarp" funds, financial stocks overnight led the U.S. stocks.　　The Dow closed up 2.9%, and the S & P 500 index rose 3%, with a rise of 3.1%. Affected by this, the Asia-Pacific stock market generally rose. Yesterday, the Shanghai and Shenzhen stock market both with a margin of about 1% high open. Prev Close all day in high range fluctuation, set 2688.11 points in this round rebound since the new highs. The end of Prev close 2676.68 points, up from the previous trading day up 0.9%, the amplitude of 1.04%. Deep card exponentially also in the plate on the day to create a 10465.75-point rebound new highs, closed to 10424.36 points, up 1.07%. There were 567 and 481 trading varieties in Shanghai and Shenzhen, which rose far more than the number of declines. Do not calculate the St stock and not share reform shares, the two cities 30 stock trading. In addition to the Yangtze River Power, the Datong-Qin Railway and the group, such as the small number of stocks bucking the trend, most of the weight index shares on the same day with the market higher.　　Among them, Societe Generale, 5.2% of the larger increase in the aluminum industry has also exceeded 4%. Although there was no immediate positive policy on the stock market yesterday, sensitive investors felt the warmth of the policy. The National Development and Reform Commission, financial and Financial Secretary Xu Monday, China's annual growth rate of 2009 will certainly be able to reach 8%, and if the economy in the next few months a sharp decline, the government may, if necessary, to introduce more measures to stimulate the economy.　　The market believes the government is so confident that it is ready to do enough to stimulate the economy to ensure that the economy is growing at a predetermined target. Unicom: Up 0.45% full circulation of the first day of smooth clearance after the Monday Yangtze River Power Restructuring, Tuesday A-share and ushered in China Unicom "full circulation" test.　　With the lifting of the 10.755 billion-share restricted shares, China Unicom officially achieved full circulation, the total market value of more than 140 billion yuan, ranked 14th in the two cities. The lifting of the shares by the controlling shareholder of China United Communications Group Limited (hereinafter referred to as "Unicom Group") held. China Unicom Group launched its overweight program last September 25, when it pledged not to reduce its stake during the planned period, so there is no need to worry about the big non selling pressure. Since entering May, China Unicom's stock price has been stable, and it has fluctuated around 6.7 yuan. Days congenial Gu pointed out that the current unicom corresponding to the 2009-year P/E ratio of 29.5 times times, below the same time communication plate 36.9 times times the average level, plus unicom 3G trial operation after good customer response, the introduction of Apple Ipohone, 3G operating data announcement and other events will stimulate China Unicom's valuation level. Compared to the long cardioversion of repeated Bosaid that yesterday Unicom's share price performance is stable, closed 6.72 yuan, Rose 0.45%.　　But the power of the Yangtze River has plunged 5.15%. Non-ferrous PLATE: The entire rally yesterday the two cities most eye-catching than the non-ferrous plate, the afternoon Jiangxi Copper and Yunnan copper industry led the non-ferrous plate shares of the rally, including aluminum-related shares, there are 9 plate stocks Qi Qi trading, big Wisdom color index rose as high as 4.68%. The reason for the rise in the price of non-ferrous metals is copper futures.　　In the overnight international copper price rise in the background, yesterday, Shanghai copper slightly higher after the start to fall, but the afternoon plate more hair force on the attack, Shanghai copper contract all trading, the main 0908 contract 36860 Yuan, or 4.98%. Tan Lei, senior strategy analyst at Haitong Securities, said that if the recent stock market continues to rally, it is expected to lead a wave of commodities rally, is likely to create a new high oil prices. Through the "U.S.-peripheral stock market-commodity-a-share and resource plate" conduction effect on the domestic stock market as a whole and the structure of the impetus. He said that the next May or June's macro-economic and market operation is very critical, the two-quarter macro data and the semi-annual performance of the enterprise will determine whether the real economy has entered the recovery judgment, which will be related to the stability of the bull market base, in the short term it is expected to continue to maintain a light, shrinking pattern,　　Scattered hot spots and short-term funding from the sidelines to make the stock index with horizontal consolidation rationale, to the relevant important macro-micro situation clear once again choose the direction of progress.　　-Institutions to watch the city highly concerned about the trend of commodity prices in the near future international oil price close to 60 U.S. dollars, from the low point of rebound nearly 1 time times, and a shares of the coal plate has become the best in the weight of the species, the leading shares of Xishan coal from the bottom of the rise has been as high as 300%, and the first quarter of the good performance of the non-ferrous plate yesterday also launched a strong again. In this regard, the research Department of the large fund, the latest published international economic data, especially the U.S. economic and financial market data show that the global economy has gradually stabilized, is expected to slow recovery in the near future.　　Meanwhile, central banks in major economies have said this week that the global economy is nearing a tipping point. Once the global downturn has been controlled and even begun to improve, the big fund says the current weaker dollar may be inevitable. If the dollar falls, coupled with a rebound in demand from a stabilising global economy, the existing global liquidity could quickly flow to asset markets, and the surge in crude oil and commodity prices will be around the corner, and this ripple effect on capital markets will have a significant impact on the movements of the relevant plates. Jiashomin