bitcoin vs other currencies Featured snippets

Closing summary on December 12th, 2024 and stock market forecast for tomorrow.-Market trend: Shanghai Composite Index closed at 3,461.50 yuan, up 29.01 yuan or 0.85% from the previous trading day. The market showed a trend of shock and rebound, with relatively stable fluctuations throughout the day and reduced amplitude compared with previous days.Tomorrow's stock market forecast

Closing summary-Market sentiment and risk: Recently, the overall market sentiment is cautious, and investors' policy expectations for the Central Economic Work Conference are still waiting to be seen. If the meeting can introduce more favorable policies, it is expected to stimulate the market's enthusiasm for doing more and promote the stock market to rise further. However, if the policy falls short of expectations, there may be some adjustment in the market. In addition, the uncertainty of the global economic situation and geopolitical risks may also cause some disturbances to the stock market.Closing summary on December 12th, 2024 and stock market forecast for tomorrow.

-plate rotation expectation: the strong performance of today's big consumer plate is expected to continue tomorrow. With the arrival of the peak consumption season at the end of the year, the performance of consumer stocks is expected to be improved, thus attracting more capital attention. At the same time, the active concept of state-owned enterprise reform in Shanghai may also drive the relevant sectors to follow suit. For the insurance, banking and other sectors that fell today, it is expected that there will be a certain repair market tomorrow, but the overall increase may be limited.-Macro factors: From a macro perspective, the Ministry of Human Resources and Social Security and other departments recently issued the Notice on the Full Implementation of the Personal Pension System. Since December 15, 2024, the implementation scope of the personal pension system has been expanded to the whole country, and the product range has been further enriched, which will bring long-term and stable capital inflows to the capital market and form a certain favorable support for the stock market as a whole. In addition, the central bank conducted a seven-day reverse repurchase operation of 66.1 billion yuan today, and the winning bid rate remained the same as before, maintaining a stable market liquidity.