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2004年最后一个月,全球主要股指在美国市场带动下,纷纷创出近年来历史高点,良好经济数据和企业盈利前景是支撑美股主要因素,道琼斯工业指数于12月底创出10855.90的三年半新高,进入2005年,由于投资者对联储升息政策的担心以及外汇市场上美元迅速反弹,全球主要股指快速回落,道琼斯工业指数收于10621.03,上涨0.74％,纳斯达克指数收于2097.04,下跌1.46％。 香港市场受资金流动影响较大,进入2005年随着美元汇率大幅反弹,升息预期加大,人民币升值预期有所减弱,主要股指快速回落,恒生指数收于13541.65.下跌2.59％,H股收于4547.83点,下跌4.04％。航空股由于11月上涨较大,以及市场对人民币升值预期减弱,回调幅度较大,南航下跌5.81％、东航下跌6.94％,新上市的国航下跌6.04％,首都机场下跌8.01％。
In the last month of 2004, under the guidance of the U.S. market, the major global stock indexes all hit record highs in recent years. Good economic data and corporate earnings prospects were the key factors supporting the U.S. stock market. The Dow Jones industrial average hit a record high of 10855.90 in the end of December A new high, into 2005, as investors worried about the Fed rate hike and the rapid rebound in the dollar on the foreign exchange market, the world’s major stock index fell rapidly, the Dow Jones industrial average closed at 10621.03, up 0.74%, the Nasdaq closed at 2097.04, Down 1.46%. The Hong Kong market was greatly affected by the flow of funds. As the exchange rate of the U.S. dollar rebounded sharply in 2005, expectations of an expected rate hike were weakened and expectations of RMB appreciation weakened. Major indexes dropped rapidly and the Hang Seng Index closed at 13541.65, down 2.59%. H-share income At 4,547.83 points, it dropped 4.04%. Airline fell 5.81% due to bigger rise in November and weaker expectation of RMB appreciation. China Southern Airlines dropped 6.94%. Air China newly listed dropped 6.04%. Capital Airport dropped 8.01%.