CICC reported on April 26 that most Asian stocks closed higher on Tuesday (April 26), among which the A-share Shanghai Composite Index fluctuated 0.61% during the day to reach 2964.70 points, but the transaction further reduced to around 130 billion yuan, which rose significantly in the late trading, and the ChiNext Index rose 1.36%.
Operative Asia-Pacific stock markets rose and fell, with Japan's Nikkei closing down 0.49%, South Korea's comprehensive index rising 0.25%, Taiwan's weighted index closing up 0.25%, and Australian stock index falling 0.31%.
China's Shanghai Composite Index rebounded on Tuesday to close. Analysts pointed out that today's trading volume continues to shrink, indicating that market confidence is still weak, and intraday cyclical stocks and commodity futures prices resonate, and the trend is sluggish. Recently, the market has been affected by events such as credit defaults, and the market is still cautious in terms of funds and sentiment, and the market is expected to continue to fluctuate weakly.
Shanghai Composite Index closed at 2964.70 points, up 18.03 points or 0.61%. The Shanghai Stock Exchange A-shares traded 132.7 billion yuan today, compared with 138.6 billion yuan last day.
"From today's industry sectors, cyclical stocks have fallen a little too much, a little resonant." Xu Peidong, a strategy analyst at Everbright Securities, believes.
He also believes that the recent boom in commodities has led to people with good risk appetite in the stock market entering the futures market, and the withdrawal of funds has caused the index volatility to be low recently.
After the previous surge, some black commodity futures prices fell. Today, Shanghai rebar fell more than 5% to RMB 2,518 per ton, and Dalian iron ore fell 6% to the limit, reaching RMB 450.50 per ton.
Cinda Securities strategy analyst Gu Yongtao pointed out that the central bank has continuously released liquidity in the market recently, and the market's concerns about the tight capital market have eased.
The People's Bank of China's open market conducted a seven-day reverse repurchase operation of RMB 140 billion today; based on this calculation, 50 billion will be invested today. The central bank also conducted medium-term lending facility (MLF) operations on 18 financial institutions on Monday to total 267 billion yuan to maintain a reasonable level of liquidity in the banking system.
Japanese stocks fell on Tuesday as the yen rebounded from a three-week low against the dollar, shaking the profit outlook for major exporters.
Japanese stock market Nikkei 225 index closed down 0.5% to 17353.28 points. The uncertainty over whether the Bank of Japan will further relax policy as expected at its April 27-28 meeting dragged the yen back from its three-week high.
Korean stocks rose slightly, benefiting from foreign buying. The Comprehensive Stock Price Index (KOSPI) closed up 0.3% to 2019.63 points. Foreign capital bought more than Korean stocks for the 10th consecutive trading day, and today it bought more than 129.1 billion won.
Taiwan stock market closed slightly higher on Tuesday. Analysts said that as some biotech stocks stopped falling and rebounded, driving market confidence backfire, the Taiwan stock market closed against the trend amid the decline of Asian stocks; the focus of short-term observation is on Apple's AAPL.O financial report to be released tonight and the conclusions of the meetings of the two major central banks of the United States and Japan on Thursday.
Taiwan weighted stock price index closed up 0.25% to 8581.57 points; the initial transaction value today was NT$61.216 billion, and it was revised to NT$56.182 billion after the previous trading day.
Australian stock market fell on Tuesday, reflecting the weak trend of most Asian markets. Investors were wary of heavy positions before important policy meetings of central banks in many countries this week.
Australian Stock Index SP/ASX 200 index closed down 15.76 points or 0.3% to 5220.60 points.