Market Brief

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Author

黎健聰先生 (Keith Lai)
高級交易員

現任職輝立交易員,對投資股票、期貨、期權、商品、債券、基金交易經驗豐富。本人樂意為客戶提供投資分析及買賣策略。歡迎各位來電交流心得。
Phone:
3651 7381

SPDR Gold Trust(ETF) (2840.HK) – 黃金旺季,買黃金ETF

Monday, September 30, 2019 Views411

主要業務:

 

SPDR Gold Trust是一家投資信託基金公司。信托的投資目標是讓股份反映金條價格的表現,減去信託的開支。信託的商業活動是黃金投資。信託不時創建和贖回股票,但在一個或多個籃子中(一籃子等於100,000股股票)。信託持續向某些授權參與者(授權參與者)發行籃子中的股票。Baskets的創建和贖回僅用於交換信託或信託分配黃金數量以及由創建或贖回的籃子代表的任何現金

 

 

業務展望:

 
黃金價格預期受惠以下因為素而上升:
 
1)黃金需求傳統旺季(第四季尾至第一季農曆新年)
 
2)英國硬脫歐危機使市場資金流入避險資產
 
3)中美貿易戰引致金融市場波動令避險資產價格上升
 
4)中美經濟放緩在為保經濟增長而減息或放水的情況來刺激通漲升温使資產價格隨通漲上升
 

 

股價分析:

 

黃金價格近幾年在USD1350阻力及USD1140支持位上落波幅,而也是在250天線上下波幅,自2019年頭升穿250天線後整固,在今年六月時預期美聯署局減息至USD1500水平再次出現整固,而黃金旺季時黃金價格上升機會大增下或會再次升上歷史高位USD1909。

 

而近日黃金價格在USD1500 上落整固息故買入黃金ETF,這是買入黃金的機會,襯低吸納,投資在近三個月黃金旺季的週期上升的機遇。

 

現價: HKD 1103

52週高/低: HKD 1148/HKD 880.5

市值: USD 444.9 億

每單位淨資產值:HKD 1102.84

 

(資料來源: Phillip Stock Analytics)

 

股價SMA:

10天

20天

50天

100天

150天

200天

250天

$1113.9

$1115.7

$1104

$1051

$1021

$1004

$983.5

 

 

 

 

 

(資料來源: 股運通30/09/2019)

 

 

本人分析在受惠黃金旺季黃金價格預期上升,將為股價帶來升值。

 

買入建議:

 

建議買入價:市價或$ 1104(50天線) 止蝕價:$1051(100天線)

短線目標價:$1408(黃金價格歷史高位USD1909有約28%升幅)

 

 

投資風險:

 

1)黃金價格下跌

2)股市大升及通帳下降的情況出現或引致黃金投資價值下降

 

本人黎健聰為證監會持牌人士。截至本評論文章發表日止,本人及/或其有聯繫者並無持有全部提及之証券的所有相關財務權益。


 

 
This report is produced and is being distributed in Hong Kong by Phillip Securities Group with the Securities and Futures Commission (“SFC”) licence under Phillip Securities (HK) LTD and/ or Phillip Commodities (HK) LTD (“Phillip”). Information contained herein is based on sources that Phillip believed to be accurate. Phillip does not bear responsibility for any loss occasioned by reliance placed upon the contents hereof. The information is for informative purposes only and is not intended to or create/induce the creation of any binding legal relations. The information provided do not constitute investment advice, solicitation, purchase or sell any investment product(s). Investments are subject to investment risks including possible loss of the principal amount invested. You should refer to your Financial Advisor for investment advice based on your investment experience, financial situation, any of your particular needs and risk preference. For details of different product's risks, please visit the Risk Disclosures Statement on http://www.phillip.com.hk. Phillip (or employees) may have positions/ interests in relevant investment products. Phillip (or one of its affiliates) may from time to time provide services for, or solicit services or other business from, any company mentioned in this report. The above information is owned by Phillip and protected by copyright and intellectual property Laws. It may not be reproduced, distributed or published for any purpose without prior written consent from Phillip.
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