地产有色低迷，市场早盘震荡下跌。上证指数收于2143.65点，跌1.15%；深圳成指收于9209.92点，跌1.32%。据今日投资“在线分析师”系统数据显示，当前市场天气为雨天，表明短期趋势处于弱势阶段。

Real estate non-ferrous downturn，Earlier in the market fall concussion。The Shanghai index closed at 2143.65 points，Down 1.15%；Shenzhen ChengZhi closed at 9209.92 points，Down 1.32%。According to the investment“Online analysts”System data shows，The current market weather for a rainy day，Short term trend that the vulnerable stage。

　　近日，央行公布的数据显示，6月新增人民币贷款9198亿元人民币，连续第二个月回升，并逼近今年以来的最高点。随着国内经济下行压力的不断加大，“稳增长”被摆在日益重要的位置。而且，6月的运行数据也显示，CPI同比增长已经回落至2.2%。在此背景下，下半年货币政策有放松的理由和基础。作为下半年经济政策调整的关键时期，新增信贷规模成为业内关注焦点。由于“稳增长”的需要，多数机构报告分析认为，调控政策对经济增长支撑作用的显现，未来经济增速有望逐季小幅回升。下半年信贷增长将较为平稳，全年新增贷款将在8万亿至8.5万亿元间。具体到7月，新增信贷在6000亿的可能性较大。

recently，By the central bank figures show，6 month new RMB loan is 919.8 billion yuan RMB，For the second straight month to bounce back，The highest since this year and approximation。With domestic economy downward pressure increasing，“Steady growth”Be in an increasingly important position。and，In the month of June the operation data also showed，CPI year-on-year growth has dropped back to 2.2%。In this context，The second half of monetary policy have relaxing reason and the foundation。As the second half of the key period of economic policy adjustment，New size of credit become the focus of attention。because“Steady growth”needs，Most agencies report that analysis，Control policies on economic growth, the manifestation of the supporting function，Future economic growth is expected to rise by a season。The second half of the credit growth will is more stable，Annual new loan will be in between 8 trillion and 8.5 trillion yuan。Specific to July，New credit in 600 billion in probability。

　　从今日早盘的行业跟踪情况来看。截至昨日公布的基金二季度投资组合中，农林牧渔占行业流通A股比例为1.09%，位居基金持仓占行业流通A股的第三名。早盘农林牧渔板块走强，个股多数飘红，午盘涨1.38%，位居涨幅榜榜首。国务院近日印发了《“十二五”国家战略性新兴产业发展规划》。其中节能环保产业，被视为促进、增加投资、稳定出口的一个重要结合点，也是调整结构、提高国际竞争力一个现实切入点，这次毫不意外地被放置在《规划》首位。受此消息刺激，环保行业早盘崛起，午盘涨0.31%，为两市三只飘红板块之一。酿酒行业今日走势十分低迷，个股几乎全线飘绿，午盘跌1.76%，居跌幅榜第二位。此外，农药化肥、煤炭行业和生物制药等板块强于大盘；水泥行业、房地产和化纤行业等板块弱于大盘。

From this day of earlier in the industry tracking situation。As of the second quarter, released yesterday fund investment portfolio，Farming, forestry, fishery industry circulation of A share to 1.09%，In the open fund account for A share of the circulation industry is third。Earlier in the farming, forestry, fishery plate going strong，Stocks most wave red，Rose 1.38% in midday，Rise in the list。Issued by the state council has......《“1025”The state's strategic emerging industry development planning》。One energy conservation and environmental protection industry，Be regarded as promote、Increase investment、Stability of export an important juncture，Is adjusting structure、Improve the international competitiveness of a real breakthrough point，This is no surprise in place《planning》first。By this news stimulation，Earlier in the environmental protection industry is rising，Rose 0.31% in midday，For two city three wave red one of the plate。Liquor-making industry trend today is very low，Stocks almost all green wave，Fell 1.76% in midday，The second fall in the list。In addition，Pesticide and fertilizer、The coal industry and biological pharmaceutical sectors such as better than grail；Cement industry、Real estate and chemical fiber industry sectors such as the grail of weak。

　　今日投资统计了12家券商对今日的看法：看多：2名，骑墙：7名，看空3名，今日看多指数下降至17%。分析师表示，考虑到除规模以上工业企业效益数据外，市场基本处于经济数据发布的真空期，于是有关政策调控的博弈依然是主导指数走向的重点，然而证监会关于降低交易费用的措施并无法吸引场外资金进入以弥补和减持行为导致的资金流失，而且相对于扩充流动性进而间接刺激需求的货币政策而言，直接产生需求的财政投入及直接改善企业现金流的税收政策才是重点所在。综上所述，若无实质性政策刺激，指数仍将处于多空弱平衡之中，且空方略占优势。预计股指还将震荡下行。同时，在线分析师数据显示，A股市场的中期趋势处于看跌过程中，安全持仓线为30%。

This day 12 home investment statistics for today's opinion brokers：See more：two，landjobbers：seven，See empty three，This day to see many index dropped to 17%。Analysts said，Considering the large industrial enterprise benefit except the data，Basic market in economic data released vacuum period，So relevant policy control of the game remains the dominant index to the key，However to CSRC on reducing the costs of transacting measures and cannot attract outside of the capital into to compensate for the reduced their and behavior led to the loss of money，And relative to extend liquidity and indirect stimulating demand for monetary policy，Directly produce demand financial investment and directly improve enterprise cash flow tax policy is the key。To sum up，If have no substantive policy stimulation，Index will remain in the empty weak balance，And air dominant strategy。Stock index will shock is expected to the downside。At the same time，Online analysts data shows，A share market in the medium term trend in the process of bearish，Security position line is 30%。

　　(来源：东方网)

(source：DongFangWang)