The performance of the stock market this week can be summarized as opening high and moving low. The market index opened at 62,766 points and briefly rose to a maximum of 63,849 points at the beginning of the week. The sub-index opened at 3,436 points and reached a high of 3,524 points at the same time.
It was a relatively uninspiring start, lacking any notable highlights. However, starting on Tuesday, the market gradually strengthened, with sharp swings occurring over the next three days. The market once rose by more than 10,000 points and fell as low as 53,329 points; the sub-index also rose by more than 700 points simultaneously and remained at around 2,800 points. This rapid and violent fluctuation caught us off guard. We made necessary strategic adjustments during the week to effectively control risks and avoid further losses.
Specifically:
On Monday, the overall gain of the market was 2,400 points, and the sub-index increased by 144 points.
On Tuesday, the overall gain of the market was 1,500 points, and the sub-index increased by 34 points.
On Wednesday, the market fell slightly, adding only 400 points, and the sub-index rose by 50 points.
On Thursday, the market rose again, adding 3,300 points, and the sub-index rose by 173 points.
On Friday, the market finally reached as high as 5,100 points, and the sub-index increased by 271 points.
Over the weekend, market conditions changed. The market increased by 2,300 points and the sub-index increased by 129 points. (Specific operations in the afternoon market are not included)
This week, a total of 15,000 points were obtained from the public market and 801 points from the sub-index. Compared with the market situation, this result is in line with expectations. We look forward to continuing to work hard next week.
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