Liquidity drives market highs

Chen Xingjiang when the Yangtze River Electric power suspension, the Shanghai stock index point is 3,500 points, many market people according to the view that the Yangtze River Power recovery should be up. But the result is the Yangtze River power low after the high go, and finally ended up with a 4.11% rise.　　This shows that the current position of 2600多 points is seriously underestimated. In fact, with the current average stock price of 11.6 yuan, the corresponding Shanghai point should be more than 3,150 points, the reason why the stock index is low, the weight index shares depressed is an important reason.　　Changjiang Power is also one of the important weight index stocks, its share price can stand above 3,500 points, also means that there will be more weight stocks will appear recovery of the rally. From April 28 onwards, from 14 bank shares, brokerage stocks, 2 petrochemical stocks, real estate Vanke, poly, steel plate of Baosteel, Wisco, the current Yangtze River power. The weight shares all one by one performances, and set a rebound to new highs. In such a situation, the small market has not seen a sharp decline in the number of varieties, on behalf of its 500 index in the near days even hit a close record.　　Visible market funds face ample, enough to support the various plates to rise in turns. As the title of the article last weekend said, the index is expected to go up the stairs this week.　　In the event of fluctuations in the peripheral stock market, today, the Shanghai and Shenzhen stock market with low open digestion of its pressure, in the electricity, auto stocks led by the decline, coal, banks and other sequential reversal, the stock index finally played a beautiful counterattack, is expected in the absence of particularly bad, the next session of the stock index will create new highs.　　The fund, which began in October 07, is now holding up. Name time cost price holding quantity cumulative gain closing price Prosper 02.03 10.12 (diluted) 10000 90% 19 Zhongtian Technology 02.03 9.75 (diluted) 10000 70% Nanjing Bank 16 04.03 yuan (diluted) 12.6 20000 0% 14 Avic Real Estate 04.03 9.5 yuan (diluted) 20000 18% 11.4 Aerospace Morning light 04.15 8.3 20000 4% Anyuan shares 8.9 04.16 RMB 6.9 20000 50% shenzhen Huaqiang 10 05.11 0 12% 8.3 Total Accounts: 1.9776 million cash: 575,600 Yuan Shareholding market value: 1.402 million earnings: 97.76%