In the stock market, late-day call auction refers to the last few minutes of each trading day, that is, the trading between 14:57 and 3:00 in the afternoon. During this period, all stock trading will be carried out in the form of auction, the final price is determined by the average of the highest buying price and the lowest selling price, and the trading volume will also be used as the closing price and trading volume of the day. And what does it mean when there is a pull-up phenomenon in the late-day call auction?
1. Rising market sentiment
The rise in stock prices during the call auction in late trading reflected the rise in market sentiment. In this case, investors in the stock market generally believe that the stock is expected to obtain higher returns, so they are willing to buy the stock at the last moment. The effect of this situation in the market is that the price of the stock will rise significantly in the late trading stage, especially in the last few minutes of trading.
2. Loose funds in the market
Another reason for the rise in call auctions in late trading is that the market funds are loose. When the market funds are abundant, investors are willing to invest funds in the stock market and obtain higher returns through the stock market. In this case, investors will concentrate their funds in the late trading stage, leading to a rise in stock prices. Especially in the case of loose market funds, the rise of stock prices will be more obvious.
3. Favorable market news
Another reason for the rise in call auctions in late trading is the positive market news. When there is good news in the market, stock prices usually rise because investors generally believe that the news will have a positive impact on the company's performance. In this case, the rise in stock prices is especially obvious in the late trading period, because investors usually concentrate their funds after receiving good news, which leads to a rise in stock prices.
4. Intervention of Institutional Funds
An important reason for the rise in call auctions in late trading is the involvement of institutional funds. In the late trading stage, institutional funds usually buy stocks on a large scale to obtain higher returns. Since institutional funds usually have strong financial strength and analytical capabilities, their buying behavior usually leads to an increase in stock prices.
To sum up, the rise in call auctions at the end of the day means the rise of market sentiment, loose market funds, positive market news and the intervention of institutional funds. Investors should pay attention to these factors in order to develop more effective investment strategies in the stock market.