S&P 500 Asenfar n 2026 d 2027 Tasertit n Ugzum
Tadinamit n ssuq n wass-a tessutur-d abeddel seg tneflit tazedgant ɣer tfelwiyin n tneflit n wazal n tmeẓdiyin. Askasi-a yettbeddilen asenfar n s&p 500 n 2026 s tmuɣli n tmuɣli n ugzum d tmuɣliwin n tdukliwin timaḍlanin.
- Taselwit n tesnatwilt teqqim d tin ur nettbeddil ara maca tettnerni ɣer wid irebḥen s tɣawsiwin n tɣawsiwin d tɣawsiwin n tɣawsiwin.
- Igzumen n wazal ttawin-d azal imi abeddel n lqidar n lfayda yettḥettem-d aɛiwed n ssuma n tfatuṛin n tedrimt.
- Tasemlilt tamaḍlant s tmeẓdiyin d tdawsa yettwasbedden deg HK tettafk-d arkad mgal tmeẓdiyin n Marikan.
Abeddel deg tmehla n ssuq i tuzzya i d-iteddun
Asenfar n s&p 500 n 2026 yesskanay-d tallit n ussemɣer mačči d tallit n tneflit n tmeẓdiyin n tmeẓdiyin. Deffir ddurt n rrbeḥ aydeg llant tmuɣliwin s wazal-nsent deg Dow d Nasdaq, lḥir n ssuq la yettnerni gar tmuɣli n tmuɣli n tɣawsiwin n tgemmi tasertant d tḥeqranit deg wayen yerzan annerni n lfayda n tbankiwin n tbankiwin. Imseftiyen ur ttɣimin ara sɣen akk agzum n teknoloji war ma ttwafernen; deg umkan-is, tadrimt tettmuqul ɣer tkebbaniyin yesɛan tazmert n rrbeḥ n tɣawsiwin d tɣawsiwin n tedrimt i d-yettawin lxir. Nuance-a d tin yesɛan azal ameqqran i yimseftiyen n index i yettkelfen s uskasi ameqqran akken ad ṭṭfen lfayda.
Iɣmisen ay d-yeffɣen seg melmi kan sseknen-d dakken deg wakud aydeg Nasdaq d S&P 500 ẓran-d aɣelluy ɣef ljal n wuguren n tɣellist n AI d tɣawsiwin n ssuma n upiṭrul, lsas n tkebbaniyin timeqranin n teknussna mazal-it yeǧhed. Asenfar n Micron ay la irennu, s umedya, yesskanay-d yiwen n uswir n tɣawsiwin : aselkim d tmeẓdiyin ay yettɛawanen AI ttqadaren tizrawin n tesnatwilt zeddigen. Aya yesskanay-d dakken sin n yiseggasen ay d-yetteddun ad ḥemmlen tikebbaniyin ay d-yebnan aɣersiw n tfekka n ubeddel amaḍlan maci kan tiɣbula n tesnatwilt (software).
Tickers deg uswir
| Tiker | Taggayt | Aḥric | Abeddel |
|---|---|---|---|
| 1 | CK Hutchison Holdings | other | unknown |
| 101 | Hang Lung | real_estate | unknown |
| 1024 | Kuaishou Technology | telecom | unknown |
| 1038 | CK Infrastructure Holdings | utilities | unknown |
| 1044 | Hengan Group | consumer | unknown |
| 1055 | China Southern Airlines | industrials | unknown |
| 1061 | Essex Bio-Technology | health_care | unknown |
| 1066 | Shandong Weigao Group Medical Polymer | health_care | unknown |
| 1088 | China Shenhua Energy | energy | unknown |
| 1093 | CSPC Pharmaceutical | health_care | unknown |
| 1099 | Sinopharm Group | health_care | unknown |
| 1109 | China Resources Land | real_estate | unknown |
| 1113 | CK Asset Holdings | real_estate | unknown |
| 1171 | Yankuang Energy Group | energy | unknown |
| 1177 | Sino Biopharmaceutical | health_care | unknown |
| 12 | Henderson Land | real_estate | unknown |
Allalen ay sseqdacen yimesnallunen (professionnels) i lmend n unadi ɣef tɣawsiwin n tɣawsiwin —
Seg tama niḍen, igzumen n Value la ttnernin deg wazal imi lfayda n Tbanka n Tnezzut n Tbanka n Tnezzut tettnerni qrib n 5%. Mi ara nnernin yifarisen, tiḥuna n tneflit n tɣawsiwin n tɣawsiwin n tɣawsiwin ttqabalen-d s waṭas aḥbas, deg wakud aydeg tiḥuna n wazal n tɣawsiwin n tɣawsiwin n tɣawsiwin ttɣimint d tid ay d-ijebbden ugar. Isalayen ttwekkiden-d dakken imi ay ttnernin ssuma n upiṭrul s lǧehd n tɣawsiwin n tgemmi tasertant, igzumen n teẓwert d temguri ttgen-d aḥric mgal tmerniwt n ssuma, yerna aya yettɛawan ugar aɛewwel ɣer tmezgunin n wazal aqbur. Asenfar n nasdaq ass-a yesskanay-d lḥir-a ixuṣṣen, s tmuɣliwin n tmuɣliwin n teknoloji ay d-yesnekren anadi ɣef tɣellist deg yifuyla yemgerraden. Ma yella d iḍrisen imarikaniyen ttḥakaṛen tiɣriwin, tiɣbula timaḍlanin ttakent-d tignatin n uɛeddi yemgerraden ay izemren ad snernint tazmert n tbanka. Isefka n tmeẓdit-nneɣ ttwekkiden-d lsas ijehden deg ssuq n Asya ay yettemcabin s waṭas d tmuɣliwin n Yiwunak Yeddukklen maca ttkemmilen deffir-sent. Amedya, Hang Lung (Tiker: 101) deg ugzum n tnezduɣt d CK Infrastructure Holdings (Tiker: 1038) deg tkebbaniyin n tɣawsiwin n tmurt sseknen-d asuter n tɣawsiwin n tmurt ay d-yettwasbedden s tɣawsiwin n tdamsa n tmurt. Igzumen-a sfaydin seg yiwen n ussefrek n tmeẓdiyin (infrastructures) n tmeẓdiyin n tmeẓdiyin ay iḥuzan Iwunak Yeddukklen, maca s waṭas s tmeẓdiyin n ssuma n tmeẓdiyin. Tadawsa d ayen nniḍen i d-yeffɣen. Tikebbaniyin am Essex Bio-Technology (Tiker: 1061) d Sino Biopharmaceutical (Tiker: 1177) sseknent-d tizemmar mgal ibeddalen idmasanen n tcirḍart. Mačči am tiḥuna n tesnatwilt, i yettḥulfun s yibeddilen n lfayda, asuter n tdawsa ur yettnerni ara s waṭas. I yimseftiyen ay yettnadin ad sqedcen lmizan n yiwen n uferdis ay d-yellan deg tlemmast n Yiwunak Yeddukklen, imḍebbren-a n tdawsa d tmeṣkiwt ttaken-d azal i tɣawsiwin ur nesɛi lmeɛna ay d-yettwattwalin deg Nasdaq. Tazmert n Ccinwa Shenhua (Ticker: 1088) tessken-d daɣen amek ay zemren yifarisen n teẓwert ad qqimen d aḥezzeb, ladɣa mi ara nnernin ssuma n upiṭrul ɣef ljal n tɣawsiwin n tgemmi tasertant. Idrimen n lfayda qqimen d aḥric amezwaru n tmuɣli n ugzum. Akken yewweḍ lfayda n Tbanka n Tbanka s 5%, ttwaɛerḍen-d yilugan n ussefti ay llan ttgen zik. Tiwennaḍin n lfayda tameqrant ttḥeqrirent tikebbaniyin ay yesɛan aṭas n yidrimen yerna ttgent tikci i wid yesɛan azal n tedrimt tilellit ijehden. Tawennaḍt-a tettḥemmil aferdis n "Quality" daxel n tbuciḍant n Wazal. Tikebbaniyin am ICBC (Ticker: 1398) d tbanka n Hang Seng deg ugzum n tedrimt sfaydint seg lfayda n lfayda tazegzawt yugaren tayeḍ, yerna ttakent-d yiwen n wurar n umḥaddi mgal tɣawsiwin n ssuq n tkebbaniyin. Ilaq imseftiyen ad ẓren s lqerb asenqes n tbankiwin. Mi ara ttwazenzen yidrimen n tbankiwin, ḍefren-d s waṭas yidrimen n tbankiwin deg tazwara, maca aferdis-a yesnulfu-d tignatin n ussiɣer deg yiḥricen ur nesɛi ara aṭas n tɣawsiwin i lmend n usnerni n ssuma. Aɣelluy-a ay d-yellan seg melmi kan deg lfayda n tbankiwin n tbankiwin ɣer yidis n tmerniwt n ssuma n upiṭrul yesskanay-d tawennaḍt tamakrut (macro) aydeg ttwaḍḍfen yiɛewwiqen n tmerniwt n ssuma. Deg tesnarit-a, asenfar n s&p 500 n 2026 yettkel aṭas ɣef wamek ay tettkemmil Tbanka Tafidiṛalit ad tessemlil amkan-nnes. Ma yella qqimen yidrimen ttwaɛeqlen, igzumen n tɣellist am Consumer Staples d Utilities ad ssiwḍen ad ssiwḍen s waṭas n Tech. Amek ay yessefk ad sselḥun yimseftiyen n index tifelwiyin-nsen s lsas n tmuɣli-a? Tastratijit-a tella-d s ussemɣer n yiḥricen ay yesfaydin ama seg usseqdec n teknussna, ama seg usnefli n tmeṣkiwt tafekkant. Aya mačči d ayen ara yeǧǧen Tech, maca d ayen ara t-yesfeḍḍen. Ssebɣes-d imseftiyen n tmeẓdiyin d yimeẓla n tmeẓdiyin am Micron d Hua Hong Semiconductor (Ticker: 1347), d tid ay d iɣeblan igejdanen deg tmeẓdiyin n usnefli n AI. Tikebbaniyin-a ttwalint s waṭas tneflit n rrbeḥ i d-yesbedden azal-nsent ula deg twennaḍin n ssuma yugaren tayeḍ. Deg yiwet n tallit, sferkent i yiḥricen n Wazal i d-yettwasqedcen tura s lqidar n tzemmar-nsent n rrbeḥ. Tadrimt, Tazmert, d Tdawsa ttaken-d lmizan-a. S uḥbas n tmerniwt n yiḥricen-a, imseftiyen zemren ad ṭṭfen aḥric n tneflit ay d-yettwasbedden s AI deg wakud aydeg ad ḥerzen aḍḍan n umḥaddi mgal tɣawsiwin n tdamsa. Tazmert ur telli ara d abeddel n tmerna maca d aɛiwed n lmizan s tɣawla ɣer lfayda d tɣellist n tedrimt. Tiɣbula tisertiyin (géopolitiques), ladɣa tid aydeg tella Iṛan, mazal-itent ttgent-d ccwal deg ssuma n upiṭrul yerna, s tɣawla, ttgent-d lḥeṛs ɣef tɣawsiwin n tmerniwt n ssuma. Tiɣimiyin tineggura n ssuq sseknent-d Dow d S&P 500 ttnernint imi ay ttnernint tɣawsiwin-a. Aya yesnulfu-d tawennaḍt n tnezzut n tɣawsiwin anda tistratijiyin n uḍfar n tmuɣliwin zemrent ad sneqsent. Imesfaydiyen n index yessefk ad ḥesben s tlemmast n ssuma n yidularen deg ETF-nsen imeqranen wala ad ɛerḍen ad sqedcen akud n tmuɣliwin n ugzum s tɣawla. Asenfar n nasdaq ass-a mazal-it d aḥerfi ɣef tɣawsiwin-a n beṛṛa. D acu kan, aḥric n tɣuri n snat n tmerwin n yiseggasen ay d-yetteddun yettḥettim tiṛmisin yesɛan tazmert n ussemres n ssuma. Ama deg Tech neɣ deg Value, tikebbaniyin ay izemren ad ssiwḍent s tmerniwt n tɣawsiwin i yimseqdacen war ma sneqsent azal, ad ḥekment. Amenzaḍ-a yettwasqedcem deg wakk igzumen, seg yifarisen n tmeddurt am Tagrawt n Hengan (Ticker: 1044) arma d igensasen imguran. Tasarut d aɛeyyen n tkebbaniyin yesɛan lfaydat n tmeɣra i d-yeqqimen, akken yebɣu yili lḥal n ugzum-nsent. Asenfar n s&p 500 n 2026 d sdat-s yessumer-d ssuq i d-yettaken tikci i tɣellist d... Tallit n ussiɣ n yal asenfar n teknoloji la tettfakka; tebda tallit n ussiɣzef n lfayda, n teknoloji yettwasdukklen s tmeṣkiwt d wazal n tmeṣkiwt. S usdukkel n uskasi n tmuɣli n Yiwunak Yeddukklen d tḥemliwin timaḍlanin ay yesɛan iswi deg tdawsa d tmeṣkiwt, imseftiyen zemren ad bnun aferdis ay izemren ad iqabel aɛewwel deg wakud aydeg ara ṭṭfen anerni. Tignatin n tmuɣli ttwaxedment sɣur AI yerna ur ttwaḍemnent ara, maca tignatin n ddaw n tfada d tɣawsiwin n llsas n ugzum ttakent-d takarḍa n ubrid ibanen i ussemres astratiji. Tech stocks ttwaɛezlen ad qqimen d imḍebbren maca s rrbeḥ n tɣawsiwin n tɣawsiwin n tɣawsiwin n tɣawsiwin n tɣawsiwin. Timezgunin n usmel kan zemrent ad ttqabelnt aḥbas n ssuma imi imseftiyen ttaken azal i lfayda ɣef tɣawsiwin n tneflit zeddigen. Ifarisen n tbankiwin n tbankiwin yugar s umata ttḥemmilen igzumen n Wazal am Financials d Utilities acku ttaken-d azal n tbankiwin n tbankiwin n tbankiwin n tbankiwin n tbankiwin n tbankiwin n tbankiwin. Imseftiyen ttmuqulen ɣer tkebbaniyin yesɛan aṭas n yedrimen yerna ur ttḥulfunt ara mliḥ s yibeddilen n ssuma n usnefli. Nasdaq d win ay d-yettawin lxir ugar ɣef ljal n tɣawsiwin-nnes timeqranin deg teknoloji. Ma yella S&P 500 yettakf-d asemres (diversification) ameqran deg yiḥricen, Nasdaq yesskanay-d tikliwin s wazal-nsent ay d-yellan s lsas n tmuɣli n AI d tmuɣliwin n lfayda. Ih, asemres amaḍlan yettɛawan deg usfeḍ n tḥila. Ssuq n Asya, ladɣa deg tdawsa d tmeṣkiwt, yettakf-d idrimen iḥerzen d ssuma n tmerniwt ay izemren ad tessemlil lmizan n tmerniwt n tmerniwt n yiḍrisen n tesnatwilt (technologie) n Yiwunak Yeddukklen.Askasi amaḍlan: Tiẓriwin seg yimḍebbren n ssuq n Asya
Tamlilt n yisumar n lfayda d lfayda n tbankiwin
Tasnatwilt n Ubeddel n Ugzum i Yimesfaydiyen n Index
Asnefli n tɣawsiwin n tɣawsiwin d yixeṣṣaren n tgemmi tasertant
Axemmem aneggaru ɣef lebni n usmel
Iseqsiyen yettwasteqsan s waṭas
D acu ay d asenfar n s&p 500 tech stocks i 2026?
Amek i t-id-ttawin yidrimen n tbankiwin n tbankiwin yettnernin s tmuɣli n ugzum?
Ma yella asenfar n nasdaq ass-a yemgarad ɣef s&p 500?
Ma yessefk ad sferken yimseftiyen berra n Marikan deg 2026?
