"Coal" fly "color" dance difficult to continue

After experiencing a wave of “coal” flying “color” dances the day before yesterday, leading players in Panjiang Group and Jinneng Nickel, etc. fell out of the trend. The decline in colored plates was more than 1.5%. After leading the two cities. For a time, the sound of coal has become a "strong end of the" sound in the market, as the traditional cycle stocks, coal and non-ferrous future trend undoubtedly attracted attention, and analysts are generally more cautious.

Coal-cap stocks now sluggish performance differentiation is still the biggest constraint on Monday, coal stocks collective limit, the resource sector rose promote a strong rebound in the index, however, with the broader market after yesterday's rally turned green again, after showing strong The coal stocks have not been able to continue the uptrend. Opening yesterday, most of the coal sector stocks showed a tendency to open higher and lower, and the sector also oscillated downwards. Although Yanzhou Coal, Hengyuan Coal and other stocks under the strong, the coal sector did not decline, but compared to the previous stoppage, the plate stocks have been divided. At the close of the trading day, Yunmei Energy was at a low limit, with energy, Anyuan coal, open-pit coal, and Kailuan coal industries all fell by more than 4%. Since mid-March, the strong upside has brought about a surge in coal stocks. Panjiang’s shares were heavily sold and fell 4.01% to close at RMB 8.13 per share. Eventually, in addition to Yanzhou Coal’s continued daily limit, Hengyuan’s coal power rose by more than 3%. More than 2% of stocks fell to nearly 30.

Since late April, Inner Mongolia and Shanxi have successively introduced policies to save the market, and the gradual stabilization of coal prices has also led to an active performance of coal stocks. Due to the reform of state-owned assets, Panjiang Co., which was the first to start in March, rose 63%. The performance was striking. But analysts said that while coal continued good dividends, but in view of the majority of the coal business performance is not ideal, the possibility of changing industry trends in the short term is not large, although the value of the coal sector is now apparent that depression effect of cyclical stocks, but short-term There is still limited room for upside, and the sudden drop in Panjiang stocks yesterday also sounded an alarm for investors. CSC analyst said that although coal stocks have been gaining momentum recently, due to fundamental weakness, there is no stable support for stock price rebound, and caution remains to be maintained in the short-term; BOC International analysts also stated that they have risen sharply in the previous day. Many coal stocks can remain sluggish, and there has been no breakthrough in transaction volume. Coal prices at coal producing sites are still declining, and weak demand is still the main reason. Whether or not they can stabilize is still relatively large and the sector remains neutral. The rating.

Nickel industry suicide bid farewell to the limit funds to escape the colored plate Worried compared to the coal stocks plummeted, since last week, rising up nearly 7% of the colored plate is even worse than it, led by a decline of 1.5% Two cities. Zynn Nickel and Waze Cobalt and Nickel, the “nickel industry tycoon”, who had previously ushered in a surge in stock prices, were the first to bear the brunt of the decline. The intraday sell-off was huge, and was heavily sold off by funds. Specifically, since last week's 3 consecutive trading days, Zine Nickel closed down after a short daily limit, and accelerated its decline near the end of the trading day. It eventually fell to 6.22%, another nickel industry leader. Huaze Cobalt Nickel also soared in the morning's daily limit, eventually closing up only more than 2%, and its turnover rate as high as 46% also set a new high since the listing after the reorganization this year, the fund sellout eager to be seen .

According to the behind-the-board rankings, the first buy-in seat of Huize Cobalt that had previously closed four daily limit boards only bought 22.34 million yuan, while the first China Galaxy Securities Co., Ltd.'s Shaoxing securities sales department accumulated Selling more than 37.08 million yuan, it is worth mentioning that, known as the "short-term death squads," said the Guotai Junan trading unit also appeared in the sale of three seats yesterday, the net sales amounted to 12.79 million yuan. According to the statistics of the Dragon Tigers, on the 9th of May, the unit’s purchase of the Huaze Cobalt Nickel amounted to 11.7 million yuan. After a large number of sell-offs yesterday, the hot money that had been soared has already fled. In addition, although another strong stock Hengshun Electric rose by 6%, but the Longhu list data show that yesterday to buy a seat for the hot money CITIC Securities (Zhejiang) Co., Ltd. Fuyang Yingbin Road Securities Sales Department, buy nearly 5289 Million, and in the selling list of 5 seats, selling one is institutional seats, selling amounts up to 61.95 million yuan, accounting for 9.11% of yesterday's turnover, turnover is also more than 37%.

With the nickel industry’s twins smashing together, the non-ferrous metals sector showed a general decline yesterday, and eventually led the industry sector with a decline of more than 1.5%. Yunnan Shuye and Dongfang Shuye fell by more than 4%. Tongling Nonferrous Metals and Western Mining Also fell more than 3%. For colored plates yesterday's weakness, analysts say, by the nickel source supply, the recent London Nickel prices continued to rally, many big names in the nickel active hot money stocks, but shares more than just a strong after-hours data can be found in days After the sharp increase, many stocks with large gains in the previous period have been heavily sold off by hot money and institutions. Nickel stocks have gained too much in the short term after experiencing a wave of offensives in the previous period, and funds generally hold the idea of ​​rallies.