Financial World News on October 18th Today, the three major indexes of A shares collectively opened higher, with the Shanghai Composite Index rising 0.32% to 3094.93 points, the Shenzhen Component Index rising 0.55% to 11223.15 points, and the ChiNext Index rising 0.47% to 2446.36 points; on the market, the automobile, aviation airport, industrial mother machine, vocational education, blade battery , tourism and hotel sectors gains , and gas, childcare services, cultivation diamonds, data security, grain concepts, aerospace and other sectors falling 1. In terms of stocks, BYD opened more than 7% higher, and the company expects net profit to grow more than triple in the third quarter.
Today, FTSE China A50 Index futures opened up 0.96%. Hong Kong's Hang Seng Index opened up 1.49%. The Japanese and Korean stock markets opened higher, with the Nikkei 225 opening up 1.5% to 27,167.73 points; the TSE index opened up 1.2% to 1,902 points. KOSPI index opened up 1.3% to 2249.15 points.
market risk preference is boosting, US stock rebounded, the Dow Jones Industrial Average rose 550.99 points, or 1.86%, to 30185.82 points; the Nasdaq rose 354.41 points, or 3.43%, to 10675.80 points; the S&P 500 index rose 94.88 points, or 2.65%, to 3677.95 points. In terms of European stocks, German DAX30 index rose 1.70%, the UK FTSE 100 index rose 0.90%, French CAC40 index rose 1.83%, and the European Stoke 50 index rose 1.77%.
[Institutional View]
Northeast Securities : European and American markets rebound overnight, and the A50 futures index also rose. Therefore, maintain the previous idea: there is an opportunity in the crisis in October, and there is no need to be too pessimistic; from a quantitative perspective, there is still a high probability that the rebound will touch the technical requirements of the 20-day moving average, that is, the 3100-3150 point line (may be between several days), just to prevent it from falling back to and bottoming out . Therefore, it is inclined to control the position , the layout is low, and the short-term neutrality is relatively short-term to prevent the pressure of subsequent high and pullback; in terms of direction, it is inclined to have a balanced style and learn from the oversold rebound rules of the pharmaceutical sector, and can explore potential rotation opportunities in TMT, medical beauty agriculture, safe, stuck military industry, independent controllable, high-end equipment, new and old energy, and damage to the epidemic.
Hengtai Securities : Shanghai Stock Exchange Index daily line rebounded for 5 consecutive positive moments, and has rebounded to the 20-day line. Volume moderately increases , macd golden cross is upward, and the bottom characteristics at the stage are obvious. The resilience and value of A-shares are highlighted, focusing on policy expectations, and it is also a window period for the third quarter report. Seizing the opportunity at the moment and planning a rebound at a low level is the main strategy. Although the establishment of the market recovery trend still requires improvement in economic expectations, the stock market is more forward-looking than the real economy. In terms of configuration, the direction of layout focuses on economic growth, and the sub-sectors include two main lines: safe development and independent control. First, safe development, including sectors such as information innovation, , pharmaceutical and biological , new energy, national defense and military industry, and second, independent control, including electronics, computers and other sectors.
Hualin Securities : In the short term, the index of Monday showed a little fatigue and did not hit a rebound high. Judging from the 15-minute K-line structure, the afternoon high last Friday to the afternoon low on Monday may only complete the A-section retracement. The current b-section retracement is likely to be completed intraday today. In other words, it is expected that the ChiNext Index will have a brief retracement after it surges. Yesterday's intraday low point is still possible within 1-2 days. Just pay attention to the position and rhythm.
