Market Performance - On the last trading day before the holiday, the market showed mixed performance with the three major indices fluctuating, and the total trading volume in the Shanghai and Shenzhen markets reached 1.17 trillion [1] - On May 6, the A-shares opened positively with the Shanghai Composite Index rising by 0.49% to 3295.25 points, the Shenzhen Component Index increasing by 0.75% to 9974.53 points, and the ChiNext Index up by 0.97% to 1966.97 points [1] Sector Performance - The sectors that saw significant gains included super fusion servers, daily ceramics, metal forming machine tools, high voltage direct current (HVDC), data operations, cotton spinning, sports lottery, supporting equipment, software outsourcing services (ITO), and power equipment [1] - Conversely, sectors that experienced declines included construction information technology, restructured collagen, the Mixue Ice City concept, cinema lines, MRI systems, buses, hotels and catering, department stores, automotive glass, and carbon trading [1] Gold Market Insights - According to Galaxy Securities, gold prices may need to wait for a Federal Reserve interest rate cut or a surge in physical gold demand to break out of their current range [2] - The gold price fluctuation range has been systematically raised to between $3150 and $3550, with potential for prices to rise above $3700 following a Fed rate cut [2] Market Outlook - CITIC Securities anticipates that the market will continue to experience a fluctuating pattern in the medium term, but short-term risk appetite shows signs of marginal improvement, potentially leading to a phase shift towards growth [2] - The market is expected to exhibit a rotational characteristic among "growth-risk-consumption" sectors, with a focus on "new quality domestic demand growth" in the medium term, and technology growth and service consumption in the short term [2]
A股开盘|五月开门红!沪指涨0.49%创指涨0.97%,贵金属及液冷概念股走高
Sou Hu Cai Jing·2025-05-06 01:48