The daily limit is to prevent the stock market price from skyrocketing and plunging, which will affect the normal operation of the market. Some stock market management agencies stipulate the upper and lower limits of the daily stock trading price, that is, when the market price reaches the upper or lower limit every day, no more ups and downs are allowed. This term is called stop plate.
The highest price limit of the market on that day is called the daily limit, and the market price at the daily limit is called the daily limit. The lowest market price of the day is called the daily limit, and the market price at the daily limit is called the daily limit. At present, the price limit of China stock market is 10%.
China's Shanghai and Shenzhen stock exchanges impose price drop restrictions on stock and fund transactions, with a drop ratio of 65,438+00%, of which the price drop ratio of ST shares and *ST shares is 5%.
Generally speaking, the stock exchange stipulates that the daily fluctuation range of stocks in the A-share market is 10%, and the daily fluctuation range of stocks starting with S or ST is limited to 5%. If the stock rises today and reaches the highest 10%, this is the daily limit. If it falls, the maximum limit will be-10.
A stock that starts with S or ST will not go up when it rises to +5%, and it is also a daily limit. If it falls by 5%, it is a daily limit. There is no restriction on the first day of new listing. This law is the characteristic of China stock market.
According to the trading rules of the stock market, each purchase must be an integer multiple of 65,438+000 shares. As long as there is enough money to buy 65,438+000 shares, the stock price range is 65,438+0 yuan ~ 65,438+000 yuan. The total transaction cost is about three thousandths to one thousandth (the fees charged by brokers are different).
Baidu encyclopedia-daily limit board