Brazil's World Cup, after World War II, held 14 World Cup, the World Cup held the world stock market history of the average decline of 1.65%, the fall probability of 78.5%, only 3 times rise.
Global equities: Uruguay held its first World Cup in 1930 when the world was in the midst of the Great Depression of the 1929-1933 global economy. Since the 90 's, social unrest, global or regional economic and financial crises have repeatedly become the backdrop of the World Cup, such as the 1990 Italy World Cup during the Eastern European upheaval, the 1994 United States World Cup swept Latin America's Mexican financial crisis; The Asian financial crisis was still in the aftermath of the 1998 World Cup in France, and during the 2006 World Cup in Germany, the US real estate market began to reverse, triggering the subprime crisis and eventually turning into a global financial crisis; Overall growth in emerging markets began to slow ...
China stock market: During the 1994 World Cup in the United States, the domestic a-share market plunged 20%,b share market fell 12%; 1998 France World Cup period, the share change is not big, basically flat; During the South Korea-Japan World Cup in 2002, fans can at least get some comfort in the market despite the embarrassing performance Shanghai Composite Index rose 14%, the number of Chengzhi Rose 16%, 2006 World Cup in Germany, the Shanghai Composite Index rose 9%, the Chengzhi number rose 6%; 2010 Shanghai Composite Index and Chengzhi both fell 3%.
June 13 is the first trading day after the opening of the World Cup, a a-share market with a strong rebound to crush the "World Cup magic Spell", the two cities are surging, the plate is the pattern of general rise. Prev Plate rose nearly 1%, the first half of the line. The Chengzhi plate rose more than 1%, breaking through 7,400 point integer digits. GEM plate up nearly 2%, break through half a year line. Hong Kong stocks also created a new 5-month high since January 3 this year.
Prev In this week pulled out 5 Lian Yang, performance is very strong. Gem refers to [1.39%] the number of better performance, week K-line pulled out 4 Lian Yang, and out of a wave of 170 points of the big rally. This week's volume can be more obvious than last week's amplification, yesterday's market breakthrough six months after the boost confidence, the market atmosphere is obviously warm.
Technical people believe that the market yesterday to break through the rise of firm bulls confidence, from yesterday's volume can enlarge the situation, the expected short-term rebound market may continue, the next prev may be to the 2,093-point year near the line, GEM is expected to challenge 1400 points.
HSI Rose 0.62%
In addition, Hong Kong stocks early in the external market drag lower open, then the Chinese-funded stocks, driving the big city pumping, the plate to create a new 5-month high since January 3 this year, but after the afternoon of the rally failed to continue, later shocks fell back. As of the close, the index rose 144.15 points, the increase of 0.62%, reported 23319.17 points, the state-owned enterprise index rose 85.32 points, the increase of 0.82%, reported 10516.98 points, the red chip index rose 38.1, or 0.88%, reported 4353.64 points.
It is noteworthy that yesterday morning the World Cup kicked off, Hong Kong stock transactions have shrunk earlier, Thursday turnover of less than 50 billion Hong Kong dollar yesterday, but only a transaction of HK $50.735 billion. Market participants expect the turnover of Hong Kong stocks to remain low in the next few weeks, making it difficult for Hong Kong to get out of the market and will continue to wander around 23,000, with a consolidation range of 22,800 to 23,500 points.
Yesterday a A-share market force breakthrough mainly has the following reasons: Shenzhen Thursday formally issued the "Preferred Stock pilot business implementation rules", so far the Shanghai and Shenzhen Stock Exchange preferred implementation of the detailed rules, banks and other high-quality blue chips welcome heavy positive, yesterday led the market stabilisation. Second, the central bank's Thursday figures show that both new loans and currency growth in May exceeded market expectations, and the credit rebound was a concrete manifestation of the "micro-stimulus" policy, with market-easing expectations again.
Beware of dangerous dates
Analysts believe that, in addition to positive factors, a shares to fight the World Cup charm, because of the last two years has been a downturn, the current Shanghai Composite Index [0.93%] has fallen to 2000 points near, can be said to fall without falling. On the contrary, it is possible to stimulate the World Cup business opportunities, there are some structural market.
In addition, the World Cup tournament time is in the domestic early morning rest period, according to statistics, the day the market rose probability is higher, but need to be wary of the game between the popular teams, the day the market fell the risk of increased, according to the latest world [0.38% Financial Research Report] Cup group results and the latest international rankings of the team , the risk of the market should be wary of the date of June 17, June 19, June 20, June 24 and June 25.
Outlook for next week
Super 60% investors Bullish
A-share weekly line red, but also stimulated the enthusiasm of investors, authoritative survey, as of yesterday 5:30 P.M., think that next week, the market to collect red investors ratio reached 63.1%, think next week prev will impact 2,100 points of the integer pass.
Fang, an analyst at Galaxy Securities, said the rally this week was suspected of an IPO warming. Despite the obvious increase in turnover, the early days have been rock-solid blue chips also appear to rise, but the admission funds in the end is a long line, or for the new stock momentum is not known. The current face of the year, banks have to hold the pressure, coupled with the slow economic recovery, the market rebound height remains to be seen.
There will be a structural market during the World Cup, which is the consensus in the line. According to the research report issued by GF Securities [1.1% Funds Research Report], statistics show that catering, beverages, clothing, tourism (including aviation), advertising media, entertainment and other World Cup sports industry in the World Cup fully felt the great business opportunities, including the stock market in the highest excess income Industry index is: System software index, Tobacco index, Household Goods index, soft drink index. In particular, the first two weeks can be active in many other beverages, wine and travel agencies and other sectors.
New rules to lure money into low-valued blue-chip
Yesterday, the Shenzhen-Shanghai stock market lifted fears of a World Cup spell, Ping An bank [4.22% funds Research newspaper] led to a very good momentum, in fact, ICBC, ABC, CCB, BOC and other undervalued bank stocks have a better performance recently, these market-abandoned blue chip situation has changed, Risk aversion funds are buying.
Next week, new games will start again, according to the IPO method, investors hold market capitalisation by "T-2 Day (T day for issuance of the online purchase date) held by the end of the market value" "T-2nd the first 20 trading days (including T-2 day) of the daily average holding market value. This rule forces new money to be kept in market value to operate, do not evade the holding of stocks through short-term operations, they want to gain a new income and risk aversion, it is good to buy a low price-earnings ratio of blue-chip holdings, bank stocks as the market's lowest valuation of the stock, its own dividend rate has exceeded the income of those babies and fixed deposits , holding this type of stock is the best match for a new one, which can get dividends and a new double gain, and achieve relatively low risk. From the source of funds, there are signs of continuous buying, in order to make the price of major banks repeatedly higher, rather than a day, usually this is the agency for the issuance of new shares at the time of the allocation of the right, the general retail buying difficult to have such a continuous effect. Data show that there are currently 16 funds in the hair, including equity products reached 9, confirmed the possibility of institutional operation.
New rules have avoided all the money in the market to make a new ending, bank shares led to a rise in the market, achieved a double win effect, the new issue next week, may short-term funds to buy banking stocks temporarily come to an ending, the market may shake finishing, the future needs to play a new virtuous circle, in order to attract more funds into the market.