Louis Wong Commentary

Author

黃瑋傑先生(Louis Wong)
輝立証券董事

見證過去三十多年香港股市每一個牛市和熊市,可謂實戰經驗豐富。現為香港多份財經報章雜誌專欄作家,並為電視台及電台擔任客席主持。個人著作有〈炒得精叻〉、〈投資先知〉及〈股市是平的〉,並獲『中金在線』選為『2010年最受歡迎的港股分析師』。
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上升動力略嫌不足

Monday, September 4, 2017 Views3477

恆指連升三周,上周再創年內新高,最高見到28128,周五收報27953,相比前周上升了67點,升幅0.2%.國指上周亦再創年內新高,最高見到11462,周五收報11286,按周微跌2點,部分受內銀股公布業績後股價走弱拖低.

 

美股上周亦持續上揚,道指和標準普爾500指數按周分別上升0.8%和1.4%;納指在生物科技股上升帶動下再創歷史新高,周升幅達2.7%,是自去年12月以來的最大單周升幅.上周公布的美國經濟數據表現參差,消費信心指數、ADP就業報告、及第二季經濟增長修訂值及供應管理協會製造業指數等數據都優於市場預期,雖然非農業職位、建築開支及密歇根大學消費情緒指數都不及預期,卻降低了市場對聯儲局的加息預期,反而對股市有利.本周一為美國勞動日假期,加上本周沒有太多重要經濟數據公布,估計市況會較為淡靜.

 

A股方面,上證綜指在突破3300後,上周繼續上揚,最高見到3381,周五收報3367,按周上升1.1%;滬深300和深證成指按周分別上升0.9%和2.1%.經濟數據方面,1-7月份全國規模以上工業企業實現利潤同比增長21.2%,增速比1-6月份小幅放緩0.8個百分點.8月份中國官方製造業採購經理指數為51.7,比7月份上升0.3個百分點,為年內次高點;財新中國製造業採購經理指數則連升三個月至51.6,為半年來新高.兩個製造業採購經理指數齊齊上升,反映中國製造業活動加快擴張,令第三季GDP增速與上半年6.9%持平的可能性上升.

 

說回港股,恆指雖再創年內新高,但9RSI呈現背馳,顯示上升動力略嫌不足,所以恆指雖曾突破28000,卻未能企穩其上.估計短期將繼續整固,待RSI進一步增強,才有力企穩28000.

 

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