11 February 2024
Posted in
sentix Weekly
The year of the dragon has begun
The Chinese celebrate their New Year and welcome the "Year of the Dragon". In the last few trading days, shares there have performed a "reversal". This was very noticeable in the mid-caps (CSI 1000), following a broad-based sell-off in January 2024. Investors have recognized for some time that the price decline there represents an investment opportunity: The bias is emancipating itself and paints a completely different picture than for the other equity markets. On the sector side, the usual picture is emerging: investors are in love with pharmaceuticals and technology stocks.
Further results
- Equities: Overconfidence is also on the rise in the eurozone
- Bonds: Improved starting position
- sentix sector sentiment