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植耀輝: 港股續處拉鋸格局 美股季績添波動
阿思達克 04-12 11:27
耀才證券研究部總監植耀輝稱,港股上周雖然只得三個交易日,但卻有不少影響市況之消息,當中最受關注當然是騰訊(00700.HK)被大股東減持之消息。不過有關衝擊較預期少得多,某程度上是受到北水顯著淨買入,抵銷相關不利因素之影響。不過高估值股份股價繼續波動,部分如海底撈(06862.HK)股價上周便急挫近一成。最終恆指全周計亦跌239點,收報28,698點。值得留意的是,滬綜指上周五收報3,450點,正正是筆者經常掛在口邊之好淡分界線水平。因此短期A股去向亦變得相當關鍵。不過,上周內地公布之3月PPI及CPI均高於預期,令人行貨幣政策亦難寬鬆,投資氣氛似乎亦變得審慎,未來一周宜留意A股能否有所作為。

另外,上周五美股三大指數均造好,道指及標普500指數續創新高,全周計道指累升2%,標普升幅則達2.7%,而納指表現更佳,累升3.1%。不過本周開始將踏入季績公布期,預期市況將變得波動;只是美股近期與港股之關連性遠不及A股,相信港股暫將繼續維持28,200至29,500點上落。

(筆者為證監會持牌人,持有騰訊股份)

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本周留意美股藍籌業績及經濟數據

耀才研究部稱,上周五(9日)美股三大指數全線上漲,美國3月份PPI優於預期,道指及標普收市齊創新高,本周美股進入藍籌業績期,多間銀行股率先發布業績,數據商Refinitiv綜合市場預期指,標普成份股上季利潤平均按年將有25%的升幅,是2018年以來最佳,也較3月初時的22%為佳,留意股市會否因此而提早炒作。另外CPI指數及聯儲局官員的講話同樣為焦點,市場預計CPI按月升0.5%,按年升2.5%已輕鬆超過聯儲局目標,留意官員對此的看法以及局方可能會有的行動,最新10年期美國債息率輕微回升至1.66厘的水平。

恆指近期於20天線反覆上落,但成交方面有所縮減,大市仍然處於待變格局,雖然未能正式突破自2月18日的下行軌道,但同樣未有跌穿自3月25日的短期上升軌,後市不宜過分悲觀。

(筆者為證監會持牌人)~

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