Overseas stock markets soar in confidence China's economy picks up steadily

Source: Internet
Author: User
China News Finance [China News Financial Network May 19 early comments] stocks climbed sharply in Monday, closing, the Dow Jones Industrial average rose 2.85%, the Nasdaq Composite Index rose 3.11%, and the standard and poor 500 index rose 3.04%. In Europe's three major stock markets, the FTSE 100 index rose 2.26%, the German stock market. Gdaxi Rose 2.42%, the French CAC-40 index fchi up 2.41%, and India's stock market is a strong trading bulletin. The rise of overseas stock market has brought a better external environment for our stock market, light industry, petrochemical industry adjustment and revitalization of the planning rules issued also for a A shares added positive, industrial revitalization planning rules have put forward in the planning period of the clear mandate and development goals and the measures to be taken to achieve these goals, Specific refinement of the revitalization of the planning of the substantive implementation has a positive role. As one of the most important industrial sectors in China, the related industries included in the industrial revitalization planning have a great effect on the development of national economy, which is the main reason why the country chooses these industries as the object of the subject. As a part of macro-control policy, industrial revitalization planning has a positive impact on the development of related industries and economic development. The Tuesday market key points are: 2,616 points, 2,660 points, 2,720 points, with the exuberant popularity, the field and the wave of money to the market to launch offensive, so that the adjustment cycle is getting shorter, almost showing the situation can not weaken.  This week, the Shanghai Composite Index is expected to hit 2,700 points, today, the plate can be considered to increase the size of the position to 50%, the specific increase in the plate and hot spots depending on the disc. Today's information Interpretation 1: The Dow rose 235 points. US Property Improvement Financial Unit A report by the National Association of Housing Builders May 18 showed that confidence in US housing builders rose to their highest level since September last year, suggesting that the housing slump that began in 2006 may be closer to bottoming out. Investors are optimistic that the US financial sector, which is plagued by mortgages, is expected to turn a corner, with funds pouring into financial stocks. May 18, the U.S. financial unit overall rose more than 7%, and pushed the market to move sharply higher. Blue-chip stocks rose 235.44 points, or 2.85%, the Dow Jones index closed 8504.08 points. It is the Dow's biggest one-day gain in two weeks. Technology stocks rose 52.22 points, or 3.11%, and the Nasdaq rose to 1732.36.  The standard and Poole 500 index rose 26.83 points, or 3.04%, to 909.71. Today's message reading 2: London's stock market rose 2.26% to expect a turnaround in the economy pushing up the bank shares, JPMorgan's European equity strategist, said in the study that the data show that Europe's economic situation has stabilized. Investors generally believe that the banking sector will be one of the biggest beneficiaries of the improvement in economic conditions, as the main European stock markets rose on May 18 and became the driving force behind European stock markets. The London stock market rose 98.34 points, or 2.26%, and FTSE 100The number was closed at 4446.45. Lloyds Banking Group rose nearly 10%. Standard Chartered, which was affected by the Indian election results, Rose 8.5% and HSBC's 4.4%. Investors expect India's Congress party to win will push India to become more market-oriented, which is good for StanChart and HSBC. The Frankfurt stock market rose 114.46 points, or 2.42%,dax index closed 4851.96 points. The Paris stock market rose 76.34 points, or 2.41%,CAC index to 3245.39 points. May 18, the main European stock markets were rising, more than 2% of the Spanish stock market, the Norwegian stock market, the Netherlands.  The European Stoxx50 Index, which represents the overall trend of European equities, Rose 2.48%. Special comments: U.S. stocks rose, financial stocks are expected to drive the market up 2,700 points in Monday, the Dow Jones Industrial average rose to 8504.08 points, up 235.44 points, or 2.85% The Nasdaq composite index reached 1732.36, up 52.22 points, to 3.11%, and the standard and poor 500 index to 909.71, up 26.83, or 3.04%. On domestic news, the financial and Financial Secretary of the National Development and Reform Commission, Xu, said in Hong Kong yesterday , China's economic growth in 2009 is sure to reach 8%, citing higher than expected economic growth in the first quarter, a consolidation of economic recovery, and ample resource space for the government to take more steps to stimulate the economy in the coming months; Foreign Exchange Management regulations for overseas direct investment of domestic institutions (draft) proposed that the scope of overseas investment in foreign exchange funds will be expanded, the foreign Exchange Bureau will be the domestic institutions of foreign investment funds remitted from the previous approval system for registration system; The State Council yesterday unveiled plans for restructuring and revitalization of the petrochemical and light industries, The adjustment of industrial structure has become the emphasis of two major plans. Analysis that, as a result of the sharp rise in financial stocks yesterday, the domestic news is relatively warm, expected early plate will be performance, and the previous period of adjustment of the full financial stocks are expected to lead the market, thus attacking the 2,700 point mark.

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