摘要
中国股票市场经过15年的快速发展,已经有1400余只公司股票上市,市价总值最高近7万亿元,流通市值最高也近2万亿元,股票投资日益成为个人和机构的主要投资工具,股票价格的波动对居民和公司的资产变动的影响日益扩大,对国民经济的影响日益加深,因而成为人们关注的焦点。因此,有必要通过宏观因素、经济周期和微观因素、资本供求等方面来对决定股票价格波动的因素进行认真分析。
The Chinese stock market, which has developed fast for 15 years, has already had more than 1400 firms. The hightest total market value is up to 7000 billions yuan approximately and the hightest circulating stocks value is up to 2000 billions yuan approximately, The stock investment is increasingly becoming one of the main investment tools for individuals and institutions. The fluctuation of the stock price extends to changing the property of individuals and institutions and deepens in the influence of the national economy gradually. As a result, it becomes the focus of the people conceming. This paper tries to analyze the vital factors of the fluctuation of the stock price from two sides. One is macroscopic factor - such as business cycle and the other is microscopic factor- such as money supply.
出处
《哈尔滨商业大学学报（社会科学版）》
2006年第2期46-48,共3页
Journal of Harbin University of Commerce:Social Science Edition
关键词
股市波动
经济周期
货币供求
信息
心理
fluctuation of the stock
business cycle
money supply
iofonnation
psychology
