The war between the two Koreas triggered a turmoil in the stock market. Military Stocks

Source: Internet
Author: User
Yesterday afternoon, South Korea and North Korea in the disputed "northern boundary" of the exchange of fire, affected by this, Prev close 2828.28 points, creating a new low of nearly 1.5 months. Early today, the Shanghai and Shenzhen market both low open, Shanghai is broken 2,800 points.  Market analysts believe that the north-South Korean dispute is a sudden political crisis, such as the escalation of the dispute, the funds are expected to further withdraw from the hedge. The stock market performance of the military stocks of gold shares float red today, ICBC set to fall open. ICBC fell to the index 18.74 points, prev 2794.86 points.  Affected by the Korea-DPRK dispute, the current military stocks, gold stocks better performance, especially the gold stocks plate, after the first increase in the rise, a share of the whole floating red. Recalling yesterday's a-share market, most of the plate suffered a setback, only tourism, wine, environmental protection and other minority plate Hongpan. Non-ferrous Metals and other resource stocks under the influence of price control policy, aircraft manufacturing and other related plate decline in front.  Only tourist hotels, environmental protection a few plates rose. In addition, worries about policy tightening continue to weaken financial and property stocks. Peripheral market downturn, ICBC today, the South Korean news together to suppress market confidence.  Until two o'clock in the afternoon, with China Merchants Bank, the national Yangxin can be represented by the rapid rise of blue chips, the stock index was able to rebound, the Shanghai decline quickly narrowed to 40余 points. Moreover, worries about policy tightening continue to weaken financial and property stocks. ICBC will be back today after the allotment is completed.  Yesterday's prev fell more than 5% as investors were generally worried about the impact of the ICBC's a-share deal today. Experts think the Korean incident is just a catalyst big into the fund that yesterday's Korean shelling incident is a catalyst for the market to fall.  Yesterday afternoon, the North Korean artillery shelling South Korea, South Korean army after fighting back, you can see that this incident to the international currency markets, stock markets, futures market are shaken, but also to the already very complex international financial market situation more confusion, a-share market is difficult to be immune.  Minmetals Securities Strategy analyst Chen Chunyan also believes that the conflict between the two Koreas has a slight impact on the financial markets because there is little likelihood of a real major conflict between the two Koreas, and in the March Cheonan incident, when the South Korean submarine was bombed and killed dozens of people, the dollar and commodities were unaffected.  So yesterday's international stock market performance, but also with the market continued to focus on the spread of the European debt crisis and the strength of China's tightening policy.  The future trend of the stock market will continue to fall on the future trend of a-shares, China Fu Fund Research department that: the recent decline in the stock market, is the domestic and foreign various negative factors intertwined results. As monetary tightening is still not over, it is expected that the market will continue to maintain a weak oscillation pattern in the short term.  After the adjustment, the market reappears the attraction, causes the next fall space not to be big, the market still has the more structural opportunity. The big fund believes that the key factors affecting the market in the future are inflation and next year's monetary policy trend, and the second is the evolution of the international situation. In the short term, a moderate slowdown in supply that cannot be rapidly and dramatically increasedThe level of economic growth and demand will be an effective way to finally ease inflationary pressures.  The market still needs a certain amount of time to reflect this expected change, which could create further pressure on the future trend of the index.  Chen Jiawoo Securities analyst, said: "As the current market is still in the downward channel, while the overall valuation is not a sufficient condition for bottoming rebound, while monetary policy tightening, the continued decline in liquidity growth may bring long mentality and objective kinetic energy attenuation." In this case, the short-term market or difficult to have a good performance.  In addition, although the subject stock performance is outstanding, but considering its extremely high overall valuation and the lifting pressure, do not think its outstanding performance can constitute a satisfactory overall long reason. RELATED LINKS The world's only gold strong South Korea local time 3 o'clock in the afternoon, the first report of the Korean conflict after the emergence of the country's stock market performance: Indonesia's stock market fell about 2.2%. Thailand's stock market fell below its key 1000-point level, closing down 0.95% to 1009.47 points.  China's Hong Kong Hang Seng Index also shot down after the afternoon opening, with a rapid amplification of more than 2.6% from the 1.79% decline in morning trading.  In addition, the European stock market early main stock index also fell across the line, the day U.S. stocks opened collapsed 1%. U.S. stocks fell sharply on 23rd.  The Dow Jones industrial average fell 49.12 points, or 0.44%, while the Nasdaq Composite index fell 26.12 points, or 1.03%, while the standard and poor 500 index fell 7.99 points, or 0.67%. The dollar index and gold prices rose strongly after the announcement. As of 22:30 yesterday, the dollar index had jumped to nearly 79.21, up nearly 0.6% per cent before the Korean dispute.  International gold futures were once washed up at a weekly high of $1369.50 per ounce, but then fell back. Wen/journalist He Yi Zhang Yi intern Gao Yang

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