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技术性回调!A股震荡上升趋势不改
Guo Ji Jin Rong Bao·2025-06-27 06:09

Core Viewpoint - The A-share market experienced a collective decline on June 26, with the Shanghai Composite Index closing at 3448.45 points, while the banking sector showed resilience by gaining over 1% [1][3]. Market Performance - The Shanghai Composite Index fell by 0.22%, and the ChiNext Index dropped by 0.66%, with a total of 3609 stocks declining and only 1621 stocks rising [3]. - The total trading volume for the day reached 15831.78 billion yuan [3]. Sector Performance - Among 31 primary industry sectors, 8 sectors saw gains, notably the banking sector which rose by 1.01%, and the communication and defense sectors also performed well [5][6]. - The automotive, non-bank financial, pharmaceutical, and beauty care sectors all experienced declines exceeding 1% [9]. Institutional Investment - Recent significant gains in the financial sector indicate that institutional capital is entering the market, providing stability [1][7]. - A policy issued on June 24 aims to boost consumption and is expected to attract more medium to long-term funds into the A-share market [8]. Technical Analysis - The current market adjustment is characterized as a normal technical correction, with no signs of panic selling [10]. - The market is transitioning from being influenced by external events to being driven by internal policies, focusing on industry development and demand [10]. Investment Strategy - Investors are advised to focus on sectors with strong performance potential, particularly technology growth and high-dividend stocks, while avoiding overvalued sectors [12][14]. - The market is expected to continue its upward trend, but the sustainability of this trend will depend on economic recovery, policy support, and changes in capital flow [12][13].