Enye yezinto ezithonya kakhulu intengo yokuphepha kokulingana ivolumu yezinkontileka. Ukufika ezingeni lokuthi kungenye yemininingwane okufanele uyibheke ngaphambi kokuvula izikhundla ezimakethe zezezimali. Hhayi kuphela maqondana namasheya, kepha futhi nalawo we imali engenayo noma ngisho nakwezinye izinketho. Ngenxa yezizathu eziningi esizodalula kulo mbhalo ukuze ukwazi ukuwuqonda kahle. Akumangalisi ukuthi ungabona ukuthi inani liyakhuphuka noma liwe ngokuya ngamandla alo.
Okokuqala, ivolumu yokuhweba isho inani lezibambiso ezithengiswa ngesikhathi esithile. Ngakolunye uhlangothi, kuvame ukubalwa njengokuhlanganiswa kwevolumu yokuphepha yazo zonke izibambiso ezithengiswa emakethe. Ngeke kube nankinga yokuhlangana naye ngoba ungena wonke imidiya ekhethekile ngazo zonke izinsuku zokuhweba. Ziphinde zithinte noma ngabe zivela ezinkampanini ezibalwe ezinkulu, eziphakathi noma ezincane, njengoba ubona kusukela manje kuqhubeke.
Ngokuya ngeSelf Bank, “umthamo wezinkontileka ukhombisa intshisekelo yabatshalizimali esenzweni esithile. Uma kubhekwa umthamo ovamile, kunokuvikeleka okudayiswa kuwo izigidi zamatayitela ngosuku, kuyilapho singathola amanye awo okungamakhulu ambalwa nje adayiswa ngawo ”. Lokhu kuyinto ethakazelisa kakhulu okufanele uyihlaziye ngaphambi kokukhetha ukuphepha noma impahla yezezimali. Ngoba impela, kungenzeka akunike esinye isibonakaliso kulokho ongakuthola lapho uqala ukutshala imali. Futhi-ke, kulula ukuthi ungasusi kulesi sici esifanelekile esikhuluma ngaso.
Ivolumu yenkontileka: ukuxoxisana
Kusukela kulesi simo, imakethe yamasheya yaseSpain ithengise ngamanani angama-euro ayizigidi ezingama-54.023 ngenyanga edlule. Noma yikuphi okufanayo, okungu-54,5% ngaphezu kwenyanga edlule. Ngokuphambene nalokho, i- inani lezingxoxo ngenyanga kwakungu-4,3 million, 45,2% ngaphezulu kunangesikhathi esedlule.
Ngakolunye uhlangothi, imakethe ye-Financial Derivatives inyuse ukuhweba ku-Futures ku-IBEX 35 ne-Futures and Options ku-Mini IBEX ngama-27,7%, 44,6% kanye no-19,2%, ngokulandelana, uma kuqhathaniswa nalokho okwathengiswa ngenyanga edlule. Esikhathini esinqwabelene sonyaka, ukwanda kwevolumu ethengiswe ku- Ikusasa ku-IBEX 35 3,6%. Isikhundla esivulekile sikhuphuka ku-Stock Futures nasezinketho zeSitoko ngokuqhathaniswa nenyanga edlule ngama-27,3% no-9,3%, ngokulandelana.
Kumholo ongaguquki
Mayelana nemali engenayo engaguquki, ivolumu edayiswa ngenyanga ehlaziyiweyo ikhule ingadluli ku-106,6%, uma kuqhathaniswa nesikhathi esifanayo ngonyaka odlule, ngenxa ukuthola izinkontileka zezimpahla zomphakathi. Ukukhuphuka okuhambelana nezinyanga eziyishumi zokuqala konyaka kumi kuma-46,5%. Ngenkathi kwenzeka okuphambene nalokho, inani lezinkinga ezintsha ezifakwe ezingxoxweni kwi-MARF lifinyelele kuma-euro ayizigidi ezingama-762, amele ukukhuphuka kwama-65,5% uma kuqhathaniswa nenyanga efanayo yonyaka odlule.
El ivolumu enqwabelene Ekupheleni kwezinyanga eziyishumi zokuqala konyaka bekuyizigidi ezingama-5.168 zama-euro, ukwanda ngo-50,1%. Umthamo ovelele osakazwayo kule makethe ufinyelela kuma-euro ayizigidi ezingama-3.306, okungukuthi, ngokukhula okulinganiselwa ku-40,7%. Le mininingwane yenza kubaluleke kakhulu ukuthi ukubaluleka okukhulu kumele kunikezwe le mingcele ebalulekile yemakethe yamasheya. Ngaphezu kwabanye ojwayele ukusebenza nabo ekufezweni kotshalo-mali, ngaphezu kokunye ukucatshangelwa kobuchwepheshe futhi mhlawumbe kusuka kumbono oyisisekelo.
Amaholide emakethe yamasheya aseSpain
Ukuze ubhekele ukuthi ivolumu yokuhweba imeleni, amaholide omphakathi kwizilinganiso zaseSpain azoba ngokubaluleke kakhulu. Ngalo mqondo, iBME, efaka phakathi kwezinye izinkampani ukuhwebelana kwamasheya amaSpain, i Imakethe yezinketho nezikusasa (MEFF) kanye nemakethe ye-AIAF Fixed Income, isethe ikhalenda lezikhathi zonyaka ka-2019, bevumelana ngokubheka izinsuku ezingezona ezokusebenza ngenhloso yokusebenza:
- NgoLwesibili, ngoJanuwari 1
- ULwesihlanu, Ephreli 19
- NgoMsombuluko, 22 Ephreli
- NgoLwesithathu, Meyi 1
- NgoLwesithathu 25 kuZibandlela
- NgoLwesine, ngoDisemba 26
Ngokuvamile zivumelana nekhalenda elihlongozwayo izimakethe zomhlaba jikelele zezimali ngoba kukhona ukuvumelanisa okubalulekile kuzo zonke. Khumbula ukuthi kukhona ezinye amaqembu emikhosi lapho imali engenayo eguquguqukayo ingavali, kukazwelonke nangaphandle kwemingcele yethu. Futhi leli phuzu lingakuholela ekwenzeni iphutha elingajwayelekile ekusebenzeni kwakho emakethe yamasheya. Njengoba kuzokwenzeka kuwe ezikhathini ezingaphezu kwesisodwa ezifundweni ezedlule. Ngalesi sizathu esiqondile kuzodingeka ukuthi ucabangele ikhalenda lezimali zikazwelonke.
Amanani aphezulu kakhulu
Ngakolunye uhlangothi, ivolumu yezinkontileka ibaluleke kakhulu uma iphezulu kakhulu, kungenxa yokuthi kunentshisekelo ekhethekile kubatshalizimali ukuvula izikhundla kunani lemakethe okukhulunywa ngalo. Ngokuvamile kuvumelana nezikhundla ze-bullish, okungukuthi, uma kukhona ukukhuphuka kwamanani ngevolumu ephezulu yokuhweba, kusho ukuthi kungahle kube nokuqhubeka phezulu. Futhi kolunye uhlangothi, okukhombisa ukuthi ama-descents anokungaguquguquki okuningi. Ngalo mqondo, kubaluleke kakhulu ukuhlaziya le datha efanele ukukhombisa ukuthi ukuqhubeka kwenani kungaba yini ezinsukwini ezizayo noma emavikini.
Ngakolunye uhlangothi, ukwanda okumangazayo kwenani lezinkontileka kwembula ukuthi kukhona okubaluleke kakhulu okwenzekayo kwezokuphepha okukhulunywa ngazo. Okuthile okungavamile kakhulu futhi okuxwayisa ukuthi kufanele wazi ngefayela le- isimo ezehlukile. Lokhu kwenzeka kaningi ngamasheya amancane naphakathi naphakathi aphuma kuseshini eyodwa yokuhweba kuye kwesilandelayo ngokuhweba okungajwayelekile ezimakethe zezezimali. Kungakhombisa ukuthi ukukhuphuka noma ukuwa kwentengo yayo kungaba namandla kakhulu kusuka kulezo zikhathi. Ngaphandle kokunye ukucatshangelwa kobuchwepheshe futhi mhlawumbe futhi kusukela ekubukeni kwezisekelo zayo.
Maka intshisekelo yabatshalizimali
Umthamo wenkontileka, ngakolunye uhlangothi, wenziwe kwifomethi ye- i-thermometer ethembeke kakhulu ngenzalo abatshalizimali abancane nabaphakathi abanayo nganoma yisiphi isikhathi. Kokubili ngomqondo owodwa nomunye, noma okufanayo, kukhombisa ukuqhathanisa noma ukuthengisa izinhloso ezifanayo. Ngale ndlela, kuyipharamitha ethembeke kakhulu engadingi ulwazi olujulile kakhulu lwezimakethe zezezimali. Mane unake ukunyakaza okwenzeka ezimakethe zezimali noma ezinye izimpahla zezezimali lapho ubekwe khona ngaso sonke isikhathi.
Kuyiqiniso ukuthi ivolumu yokuhweba ayihlali ifana ngaso sonke isikhathi, kepha yehlukile kwiseshini yokuhweba eyodwa iye kwenye. Lezi zenzo zivamile ngokuphelele futhi zinengqondo ukwenzeka, kepha into ehlukile ukuthi ivolumu ishintsha ngokungazelelwe. Uma lokhu kwenzeka lokhu ekutshela khona ukuthi kukhona okubalulekile okwenzekayo nenani. Kungaba ngenxa yezimbangela noma izizathu ezahlukahlukene futhi ezinemvelo ehlukile. Kusuka entshisakalweni enkulu engxenyeni yabatshalizimali abancane nabaphakathi ukuya ekungeneni kwesikhwama esikhulu sokutshala imali kunani elihlaziyiweyo. Le yinkinga enkulu kunazo zonke okufanele uhlaziye ukuthayipha kwalokhu kuhamba.
Phelezela ukunyakaza
Isu lokutshala imali ongalisebenzisa kusukela manje ukulandela ukuthambekela kwemakethe. Okusho ukuthi, lapho ubona ukwazisa entengo yamasheya anomthamo omkhulu ngokweqile wokuhweba, kufanele kube yiwo isignali elindelekile ukuvula izikhundla, noma ngokuthenga ngolaka izimpahla zezezimali. Ngakolunye uhlangothi, okufanayo ngokuphelele, okungukuthi, ukuvala izikhundla ngaphambi kokuthi ukuwa kukhule ngamandla ezinsukwini noma emasontweni azayo. Kuyisenzo esinokwethenjelwa ngoba lokhu kuhamba ezimakethe zezimali akuvamile ukuthi kube nephutha.
Ngakolunye uhlangothi, akufanele ubadidanise ne- ukubuyisa ukusebenza futhi inzalo yohlangothi lwabatshalizimali ikhula ngokuqhubekayo. Kepha njengokusabela ochungechungeni lokwehla okwenzekile futhi okubeke inani esimweni esifunwa kakhulu ngenxa yamanani entengo ancintisanayo akhombisa ngaleso sikhathi esiqondile. Njengoba kungenzeka ubonile, lokhu kungukunyakaza okubili okuhluke kakhulu okudinga ukwelashwa kotshalo-mali okuphambene ngokuphelele nayo yonke imibono. Isihluthulelo semisebenzi ephumelelayo silele ekutheni singabadidanisi.
Ngokufingqa, ivolumu yokuqashwa inokubaluleka nokubaluleka okuningi kakhulu kunalokho ongacabanga kwasekuqaleni. Ukufika ezingeni lokuthi ingakunika imihlahlandlela yokungena nokuphuma kwimpahla ethile yezezimali, noma ngabe bekuyini. Ukuze ngale ndlela, usesimweni esingcono sokwenza imisebenzi yakho izuze ezimakethe zezezimali. Ngaphezu kokuba yisikhali esinamandla sokuvikela izikhundla zakho kunoma yiluphi uhlobo lwecebo. Kunoma ikuphi, isihluthulelo semisebenzi ephumelelayo silele ekutheni singabadidanisi.