Precious Metals

TAIEX Timing enter this year's shareholders will be held before stopping funding, stop coupons peak, which, today (16) day period in stop-owned stocks of up to 476 stalls, all listed companies accounted for the proportion of over 30% and it is expected before the end of this month Scheduled stops coupons will stop funding schedule stocks, up 747 stalls, will affect the broader market funds kinetic energy.

According to regulations, the shareholders will be held in the 60 days before the book closure date for the stock, the book closure date in the first five trading days of purchase date to stop financing the first seven trading days of stopping margin trading date, June 17 will convene a general ring mud, the Company Act in April 19 for the stock book closure date, forward projections 7 business days, April 10 to stop short selling days, forward projections 5 Business Day, April 12 to stop the financing to buy day, which suspended five trading margin financing suspended three trading days.

In addition, the 22, the one-day there are up to 137 files owned stocks will begin to stop, there are 79 files 23. Therefore, according to the Stock Exchange, OTC data show that today the TCC, Chang Hwa Commercial Bank, Hua Nan, Mega Gold, gold and other heavyweight weight CITIC shares including a total of 94 stalls to stop funding, but together with the capital being stopped of the stocks included, a total of 476 stalls stop-owned stocks, accounting for the proportion of all listed companies amounted to 31%.

Taishin Securities Investment Advisory Associate Huang Wenqing said that although in addition to stop funding, but also because of short sales force covering prior to the shareholders, the balance by January 15 of 920, 000 Zhang Gaofeng, all the way down to the current 201, 500, has been on the market less of a rolling empty theme, although it is inevitable to stop funding stops coupons impact kinetic energy market funds, but should be only short-term, because, beginning from the 17th, the day that is 97 credit file will resume trading on the 18th and up to 283 files.

Managing Lifang Guo unified investment adviser also believes that the amount of energy TAIEX recent slump, in addition to tensions between the two Koreas and China bird flu epidemic factors, stopped funding is a major culprit stop coupons, although thus reducing the buying force, but it will mean Bears margin blocked in court, therefore, does not appear if the recent systemic risk, the Taiwan stock market will show a pattern of amplitude shocks, the amount can be warmed before seen long and short orientation.

United States: commodity "super cycle" draw the year dot!
Citigroup on Monday (the 15th) released a research report that "commodity super cycle" has come to an end, and multi-file miner lowered rating on the stock, particularly in the UK a few files along with outstanding performance of mining stocks on the grounds that this Since the early metal prices continued to slump. The only survived but also to maintain "Buy" rating of the stocks is the world's third-largest miner Rio Tinto (RIO-UK).