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植耀輝:業績股強弱互見 港股還看250月線阻力
耀才證券研究部總監植耀輝稱,港股業績期終於步入尾聲。疫情對各行各業均帶來重大影響,此點亦反映在不少企業業績上。當然,部分公司早已發盈警,故業績出現大幅倒退甚至盈轉虧已是預期之中。不過今次業績期最值得關注的,反而是企業是否已捱過最壞時間,今年業績有望迎來大反彈。事實上,今年其中一個當炒概念便是「復常」,但較令筆者感到意外的是大部分相關概念股股價依舊未見起色,或多或少反映投資者對經濟復甦動力存有疑問。當中有個別公司如申洲(02313.HK),對今年上半年之看法依舊保守,股價在業績公布後持續受壓。由於後市似乎仍然存在不少變數和挑戰,所以持有該批股份之投資者,看來還是要再耐心一點了。 另外,今日(31日)為三月最後一個交易日,截至昨日(30日)收市,恆指本月暫累升523點,兼初步企穩250天線之上。港股能有此表現,阿里-SW(09988.HK)可謂功不可沒,投資者對重組六大業務及獨立融資和上市等消息相當受落,此點亦不難理解,皆因阿里股價近年缺乏利好催化劑,市值亦被騰訊(00700.HK)所拋離(截至昨日收市,騰訊市值3.68萬億元,阿里巴巴則為2.05萬億元),所以相關消息對阿里估值有望帶來一定程度之正面支持。只是要轉勢則還須看是否有實際行動。而港股在科技股領軍下,走勢亦有所轉強,不過正如筆者以往多次強調250月線(約21,000點)之重要性,亦即一日未能重越該水平,後市反彈空間相當有限。且看4月能否再為投資者帶來驚喜。 (筆者為證監會持牌人,持有騰訊股份) *********** 金龍指數連升三日 恆指有望造好 耀才研究部稱,歐美股市持續有好表現,投資者對金融危機已擔憂進一步緩解,利好市場氣氛,美股三大指數隔晚(30日)升幅介乎0.4%至0.7%。至於反映中概股表現之金龍指數上升2.42%,連續第三個交易日上升。 港股方面,在新經濟股及中石油(00857.HK)股價顯著造好帶動下,恆指尾市成功扭轉跌勢,最終收報20,309點,上升116點或0.58%。業績期已步入尾聲,市場焦點亦將重新轉移至A股以及外圍市況身上。當然今日(31日)市場焦點之一為京東(09618.HK)。在利好氣氛推升及憧憬下,恆指或有望進一步挑戰高位,短期目標仍先看20,600點關口。 技術走勢方面,恆指昨日回落至2萬點附近後即出現反彈,反映該水平有不俗支持;另外多個指標如MACD及RSI表現亦持續有改善,預期港股有望延續本輪反彈勢頭,進一步挑戰50天線亦即20,640點水平。 (筆者為證監會持牌人)~
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