ÈÕ±¾¹ÉÊÐÒ»Ö±ÒÔÀ´¶¼ÊÇÈ«ÇòͶ×ÊÕß¹Ø×¢µÄ½¹µãÖ®Ò»£¬ÓÈÆäÊǹØÓÚÄÇЩÅÎÔ¸ÕÆÎÕÑÇÖÞÊг¡Ê±»úµÄͶ×ÊÕßÀ´Ëµ£¬ÏàʶÈÕ±¾¹ÉÊеÄ×îж¯Ì¬ÖÁ¹ØÖ÷Òª¡£½ñÌ죬ÎÒÃǽ«Í¨¹ýӢΪ²ÆÇéÆ½Ì¨ÌṩµÄʵʱÊý¾ÝºÍ¹ÉƱ×ßÊÆÍ¼£¬´øÄãÉîÈëÏàʶÈÕ±¾¹ÉÊÐÖ¸ÊýµÄ×îÐÂ×ßÊÆ£¬ÖúÄã×ö³ö¸üÃ÷ÖǵÄͶ×ʾöÒé¡£
±ØÐèÌáµ½µÄÊÇ£¬ÈÕ±¾¹ÉÊоßÓкÜÇ¿µÄÊг¡ÌØÕ÷¡£×÷ΪȫÇòµÚÈý´ó¾¼ÃÌ壬ÈÕ±¾µÄ¹ÉÊв¨¶¯ÐԽϸߣ¬Í¶×ÊÕß¶ÔÆä¹ÉÊеĹØ×¢¶ÈºÍ·´Ó¦ËÙÂÊÒ²ºÜÊÇѸËÙ¡£¹ØÓÚ¹Ø×¢ÈÕ±¾¹ÉÊеÄͶ×ÊÕßÀ´Ëµ£¬ÕÆÎÕÆä¹ÉÊÐÖ¸ÊýµÄ×îÐÂ×ßÊÆºÍÐÐÇ飬Äܹ»¸ü¾«×¼µØ²¶»ñÊг¡Ê±»ú£¬×èÖ¹´íʧͶ×Êʱ»ú¡£
Ä¿½ñµÄÈÕ±¾¹ÉÊÐÇéÐÎÔõÑùÄØ£¿Í¨¹ýӢΪ²ÆÇéÆ½Ì¨ÌṩµÄ×îÐÂÊý¾Ý£¬ÎÒÃÇ¿ÉÒÔ¿´µ½£¬ÈÕ±¾µÄÖ÷Òª¹ÉÖ¸ÈçÈÕ¾225Ö¸Êý£¨Nikkei225£©ÔÚ½üÆÚ·ºÆðÒ»¶¨µÄÉÏÕÇÇ÷ÊÆ£¬Êг¡ÇéÐ÷Ïà¶ÔÀÖ¹Û¡£Õâ¸öÖ¸ÊýÓɶ«¾©Ö¤È¯ÉúÒâËùµÄ225¼Ò´óÐÍÆóÒµ×é³É£¬´ú±í×ÅÈÕ±¾¾¼ÃµÄÕûÌåÌåÏÖ£¬Òò´ËÆä²¨¶¯³£³£»áÓ°Ï쵽ȫÇòÊг¡µÄÇéÐ÷¡£ÓÈÆäÊÇÔÚһЩȫÇò¾¼ÃÊý¾ÝÊͷźó£¬ÈÕ¾225µÄת±äÓÈΪÒýÈËעĿ¡£
ÔÚÒÑÍùµÄÒ»¸öÔÂÖУ¬ÈÕ¾225Ö¸ÊýµÄ×ßÊÆÕ¹ÏÖ³öÒ»¶¨µÄÕðµ´ÉÏÐÐÌ¬ÊÆ¡£Ö»¹ÜÖÐÐÄÒ²·ºÆðÁËÒ»ÔÙµ÷½â£¬µ«ÕûÌåµÄÉÏÉýÇ÷ÊÆ¼á³ÖÎȹ̣¬ÕâΪͶ×ÊÕßÌṩÁ˲»ÉÙʱ»ú¡£ÔÚӢΪ²ÆÇéµÄʵʱ×ßÊÆÍ¼ÉÏ£¬ÎÒÃÇ¿ÉÒÔ¿´µ½£¬Ä¿½ñÈÕ¾225Ö¸ÊýÔÚ¶ÌÆÚÄÚµÄÇ¿ÊÆÌåÏÖÓëÈÕ±¾¾¼ÃµÄÖð²½ËÕÐÑÇ×½üÏà¹Ø¡£ÌØÊâÊÇÔÚ³ö¿Ú¡¢ÏûºÄºÍ¹¤ÒµÉú²úµÈÒªº¦ÁìÓòµÄËÕÐÑ·¢¶¯Ï£¬ÈÕ¾225Ö¸ÊýµÄÉÏÕÇ×ßÊÆÏÔµÃÓÈΪ¼áʵ¡£
ÁíÒ»·½Ã棬ÈÕ±¾µÄÁíÒ»¸öÖ÷Òª¹ÉÖ¸¡ª¡ª¶«Ö¤Ö¸Êý£¨TOPIX£©Ò²ÔÚ½üÆÚÌåÏÖ²»Ëס£²î±ðÓÚÈÕ¾225£¬¶«Ö¤Ö¸Êý¸üÆÕ±éµØº¸ÇÁ˶«¾©Ö¤È¯ÉúÒâËùµÄËùÓÐ¹ÉÆ±£¬Òò´ËËüµÄ²¨¶¯ºÍ·´Ó¦¸üÄÜÕæÊµ·´Ó¦ÈÕ±¾¹ÉÊеÄÕûÌåÌåÏÖ¡£ÔÚӢΪ²ÆÇéÆ½Ì¨ÖУ¬TOPIXÖ¸ÊýµÄ×ßÊÆÍ¼Ò²·ºÆð³öÀàËÆµÄÉÏÕÇÇ÷ÊÆ£¬ÓÈÆäÊÇÔÚÂÄÀúÁËÒ»¶Îʱ¼äµÄµ÷½âºó£¬Êг¡ÖØÐ»ص½ÁËÎȹ̵ÄÉÏÐйìµÀ¡£
ͨ¹ýӢΪ²ÆÇéÌṩµÄÊý¾Ý£¬ÎÒÃDz»ÄÑ·¢Ã÷£¬ÈÕ±¾¹ÉÊеÄÉÏÕÇÇ÷ÊÆÔÚ¸÷´óÐÐÒµºÍ°å¿éÖж¼ÓÐÌåÏÖ¡£ÎÞÂÛÊǿƼ¼¡¢Æû³µÕÕ¾ÉÏûºÄÆ·ÐÐÒµµÄÁì¾üÆóÒµ£¬¶¼ÔÚÍÆ¶¯×ŹÉÖ¸µÄÉÏÕÇ¡£ÕâЩÆóÒµ²»µ«ÔÚÈÕ±¾Êг¡Õ¼ÓÐÖ÷Ҫְλ£¬Í¬Ê±ËüÃǵĹú¼Ê»¯½á¹¹Ò»¨¹µÃËüÃÇÄܹ»ÔÚÈ«ÇòÊг¡ÖÐÕ¼ÓÐһϯ֮µØ¡£Òò´Ë£¬Í¶×ÊÕßÔÚÆÊÎöÈÕ±¾¹ÉÊÐʱ£¬²»µ«Òª¹Ø×¢¹ÉÖ¸µÄÕǵø£¬»¹ÐèÒªÉîÈëÑо¿ÐÐÒµ¶¯Ì¬ºÍ¸ö¹ÉÌåÏÖ£¬²Å»ª¸üºÃµØÕÆÎÕͶ×Êʱ»ú¡£
ÈÕÔªµÄ»ãÂÊת±ä¶ÔÈÕ±¾¹ÉÊеÄÓ°ÏìÒ²ÊǽûÖ¹ºöÊÓµÄÒòËØ¡£ÈÕÔªµÄ»ãÂʲ¨¶¯ÓëÈÕ±¾¹ÉÊеÄ×ßÊÆÏ¢Ï¢Ïà¹Ø£¬ÌØÊâÊÇÔÚÍâ»ãÊг¡µÄ²¨¶¯½Ï´óʱ£¬ÈÕÔªµÄÉýÖµ»ò±áÖµ¿ÉÄÜ»áÖ±½ÓÓ°Ïìµ½ÒÔ³ö¿ÚΪÖ÷µÄÆóÒµµÄ¹É¼Û¡£½üÆÚ£¬ÈÕÔªµÄ»ãÂÊ×ßÊÆ½ÏΪƽÎÈ£¬µ«Ëæ×ÅÈ«Çò¾¼ÃÐÎÊÆµÄת±ä£¬Î´À´ÈÕÔªµÄ»ãÂÊÊÇ·ñ»á·ºÆð²¨¶¯£¬»¹ÐèͶ×ÊÕßÇ×½ü¹Ø×¢¡£
´ÓÊÖÒÕÆÊÎö½Ç¶ÈÀ´¿´£¬Ó¢Îª²ÆÇéµÄʵʱ×ßÊÆÍ¼ÌṩÁËÔ½·¢Ï꾡µÄÊý¾ÝÆÊÎöºÍÕ¹Íû¹¤¾ß£¬×ÊÖúͶ×ÊÕßÖÜÈ«Ïàʶ¹ÉÊÐ×ßÊÆ¡£Í¨¹ýÕâЩÊÖÒÕÖ¸±êºÍͼ±í£¬Í¶×ÊÕß²»µ«¿ÉÒÔÖ±¹ÛµØ¿´µ½¹ÉÖ¸µÄÀúÊ·×ßÊÆ£¬»¹¿ÉÒÔʹÓÃÊÖÒÕÆÊÎö¹¤¾ßÕ¹ÍûδÀ´µÄÊг¡Æ«Ïò£¬Îª×Ô¼ºµÄͶ×ʾöÒéÌṩÊý¾ÝÖ§³Ö¡£
ͨ¹ýǰÎĵįÊÎö£¬ÎÒÃÇ¿ÉÒÔ¿´³ö£¬ÈÕ±¾¹ÉÊÐÔÚ½üÆÚ·ºÆð³öÒ»¶¨µÄÉÏÕÇÇ÷ÊÆ£¬µ«Í¶×ÊÕßÈÔÈ»ÐèÒª¼á³ÖСÐÄ£¬ËæÊ±µ÷½âÕ½ÂÔÓ¦¶Ô¿ÉÄܵÄÊг¡²¨¶¯¡£ÎÒÃǽ«´Ó¸üÉîÌõÀíµÄ½Ç¶È̽ÌÖÈÕ±¾¹ÉÊеÄδÀ´Ç÷ÊÆ£¬²¢ÎªÍ¶×ÊÕßÌṩһЩÓмÛÖµµÄͶ×ʽ¨Òé¡£
ÎÒÃDz»µÃ²»ÌᵽȫÇò¾¼ÃÐÎÊÆ¶ÔÈÕ±¾¹ÉÊеÄÓ°Ïì¡£Ëæ×ÅÃÀ¹ú¡¢Å·ÖÞµÈÈ«ÇòÖ÷Òª¾¼ÃÌåµÄ¾¼ÃÕþ²ßת±ä£¬ÌØÊâÊÇÔÚÇ®±ÒÕþ²ß·½ÃæµÄµ÷½â£¬¶ÔÈ«Çò¹ÉÊаüÀ¨ÈÕ±¾¹ÉÊеÄÓ°ÏìºÜÊÇÖ±½Ó¡£ÔÚÒÑÍùµÄÒ»¶Îʱ¼äÀÓÉÓÚÃÀ¹ú¼ÓÏ¢¡¢Å·ÔªÇøµÄͨÕÍѹÁ¦µÈÒòËØ£¬È«Çò¹ÉÊÐÆÕ±é·ºÆðÁËÒ»¶¨µÄµ÷½â¡£Ö»¹ÜÔÆÔÆ£¬ÈÕ±¾¹ÉÊÐÏà½ÏÓÚÆäËûµØÇø¹ÉÊеIJ¨¶¯ÐÔ½ÏС£¬ÌåÏÖ³öÁ˽ÏÇ¿µÄÈÍÐÔ¡£
²»¹ý£¬È«Çò¾¼ÃµÄ²»È·¶¨ÐÔÈÔÈ»ÊÇÒ»¸öÖ÷ÒªµÄΣº¦ÒòËØ¡£Ëæ×ŵØÔµÕþÖÎÖ÷ÒªÊ±ÊÆµÄ¼Ó¾çÒÔ¼°ÒßÇéºóµÄÈ«Çò¾¼ÃËÕÐÑÀú³Ì²»È·¶¨ÐÔ¼Ó´ó£¬Í¶×ÊÕßÔÚ¼ÓÈëÈÕ±¾¹ÉÊÐͶ×Êʱ£¬ÐèÒª¼á³ÖÎÞаÐÔºÍÉóÉ÷ÐÔ¡£ÌØÊâÊÇÔÚÊг¡ÇéÐ÷·ºÆð´ó·ù²¨¶¯Ê±£¬Í¶×ÊÕßӦʵʱµ÷½â×Ô¼ºµÄͶ×Ê×éºÏ£¬×èֹ̫¹ý¼¯ÖÐÓÚ¼òµ¥ÐÐÒµ»ò¸ö¹É¡£
ӢΪ²ÆÇéÆ½Ì¨µÄʵʱÊý¾ÝÆÊÎöºÍ¹ÉƱ×ßÊÆÍ¼½«ÊÇͶ×ÊÕß¾öÒéµÄÖ÷Òª¹¤¾ß¡£Í¨¹ýÕâЩ¹¤¾ß£¬Í¶×ÊÕß¿ÉÒÔ»ñµÃ¸üΪ¾«×¼µÄÊг¡ÐÅÏ¢£¬ÊµÊ±ÕÆÎÕÈÕ±¾¹ÉÊеĶ¯Ì¬×ª±ä¡£ÀýÈ磬ƽ̨µÄÊÖÒÕÆÊÎö¹¤¾ß¿ÉÒÔ×ÊÖúͶ×ÊÕ߸üºÃµØÊ¶±ðÂòÈëºÍÂô³öµÄʱ»ú£¬´Ó¶øÌáÉýͶ×ʾöÒéµÄ¾«×¼¶È¡£
ÈÕ±¾¹ÉÊеĺã¾ÃͶ×ÊDZÁ¦Ò²½ûÖ¹ºöÊÓ¡£Ö»¹Ü¶ÌÆÚÄÚ¿ÉÄÜ»áÓв¨¶¯£¬µ«´Óºã¾ÃÀ´¿´£¬ÈÕ±¾¹ÉÊÐÒÀÈ»¾ßÓкÜÇ¿µÄͶ×ʼÛÖµ¡£ÌØÊâÊÇһЩÓÅÖÊµÄÆóÒµ£¬Èç·áÌï¡¢Ë÷Äá¡¢ÈíÒøµÈ£¬¶¼ÊÇÈ«ÇòͶ×ÊÕß¹Ø×¢µÄÖØµã¡£Ëæ×ÅÈÕ±¾Õþ¸®µÄ¾¼ÃÕþ²ßÖð²½ÍƽøºÍÆóÒµµÄÈ«Çò»¯½á¹¹£¬Î´À´ÈÕ±¾¹ÉÊÐÈÔÈ»ÓнϴóµÄÔöÌíDZÁ¦¡£
¹ØÓÚÄÇЩƫÏòºã¾ÃͶ×ʵÄͶ×ÊÕßÀ´Ëµ£¬Ñ¡ÔñһЩ¾ßÓÐÎȹÌÓ¯ÀûÄÜÁ¦µÄÆóÒµ£¬ÓÈÆäÊÇÄÇЩÔÚÈ«ÇòÊг¡ÉϾßÓоºÕùÁ¦µÄÆóÒµ£¬½«ÊÇÒ»¸ö²»´íµÄÑ¡Ôñ¡£Í¨¹ýӢΪ²ÆÇéÆ½Ì¨µÄ¹ÉƱɸѡ¹¤¾ß£¬Í¶×ÊÕß¿ÉÒÔÆ¾Ö¤×Ô¼ºµÄͶ×ÊÐèÇó£¬Ñ¡ÔñÇкÏ×Ô¼ºÎ£º¦Æ«ºÃµÄ¹ÉƱ£¬×ÊÖú×Ô¼ºÔÚ²¨¶¯µÄÊг¡ÖлñµÃÎȽ¡µÄ»Ø±¨¡£
×ܽáÀ´Ëµ£¬ÈÕ±¾¹ÉÊÐÖ¸ÊýµÄ×îÐÂ×ßÊÆ·´Ó¦ÁËÈÕ±¾¾¼ÃµÄËÕÐÑÊÆÍ·£¬Í¬Ê±Ò²ÌåÏÖÁËÈ«Çò¾¼ÃÐÎÊÆ¶ÔÊг¡µÄÉî¿ÌÓ°Ïì¡£ÎÞÂÛÊÇ¶ÌÆÚµÄÊг¡²¨¶¯£¬Õվɺã¾ÃµÄͶ×ÊDZÁ¦£¬Í¶×ÊÕß¶¼Ó¦Í¨¹ýӢΪ²ÆÇéµÈƽ̨ÌṩµÄʵʱÊý¾ÝºÍÊÖÒÕÆÊÎö£¬×ö³ö¿ÆÑ§µÄͶ×ʾöÒ飬׽סÊг¡ÖеÄͶ×Êʱ»ú¡£