Current location - Music Encyclopedia - Chinese History - What does it mean to hit a new low 120?
What does it mean to hit a new low 120?
This means that the stock has fallen to the lowest price since 120 days. Extreme market.

In the stock market, low stock innovation means that the stock is not favored by market investors, and the selling mood of the stock is greater than the buying mood of the stock. Usually, the low stock price innovation may be caused by the market decline, bad news of listed companies, and a large outflow of funds.

Under normal circumstances, if the market is in a bear market decline stage and the market investment sentiment is weak, it is likely to affect the decline of individual stocks in the market, which may lead to the low performance of some stocks. However, if the market picks up, these stocks that are greatly affected by the market and have low innovation are likely to rebound in stages. However, if the low innovation of a stock is caused by the bad news of a listed company, then the stock will not rebound effectively before the bad influence is digested by the market, and there may even be the possibility of continuous low innovation.

However, if the low stock innovation is caused by a large outflow of funds, then if the subsequent long-term funds digest the buying of stocks, it is likely that the stock price will rebound. However, if the outflow of stock funds cannot be digested by long-term funds in the market, it may lead to panic selling by holding investors, thus increasing the selling pressure of stocks and making stocks undergo continuous downward adjustment.

Basic knowledge of stock trading

1, stamp duty: 1‰ of the transaction amount. From September 19, 2008, the transferor changed from bilateral expropriation to unilateral expropriation. The transferee will no longer pay stamp duty. The tax paid by the investor to the finance and taxation department after the transaction is completed. Shanghai shares and Shenzhen shares are paid at one thousandth of the actual transaction amount, and this tax is withheld by brokers and remitted by the exchange. Bonds and fund transactions are exempt from this tax.

2. Securities management fee: about 0.002% of the transaction amount.

3. Securities transaction fee: A shares are charged at 0.00696% of the transaction amount; B shares, 0.000 1% according to the turnover; Fund, charged at 0.00975% of bilateral turnover; Warrants, according to the turnover of 0.0045%.

The total fees of A-share 2 and 3 are called transaction fees, and 0.00896% of the transaction amount is charged, which is included in the brokerage commission.

4. transfer fees (changed to Shanghai and Shenzhen from August 1, 20 15): This refers to the fees to be paid for changing the account name after stock trading.

According to the Notice on Relevant Matters Concerning the Adjustment of transfer fees Fees for A-share Transactions issued by China Depository and Clearing Corporation, since August 20, 2005, it has been changed to Shanghai and Shenzhen Stock Exchanges, and this fee is charged at 0.002% of the transaction amount.

5. Broker's commission: The maximum commission shall not exceed 3‰ of the transaction amount, and the minimum commission shall be from 5 yuan. If the commission of a single transaction is less than that of 5 yuan, it will be charged according to 5 yuan.