沪指突破3600点上涨0.96%！全市场近4000只个股上涨，券商力挺慢牛行情

Market Overview - The Shanghai Composite Index is experiencing intense fluctuations around the 3600-point mark, indicating a fierce tug-of-war between bulls and bears [1][3] - On August 5, the index broke through the 3600-point barrier again, closing at 3617.6 points with a daily increase of 0.96% [1] - The total trading volume in the Shanghai, Shenzhen, and Beijing markets reached 16,160.56 billion yuan, with nearly 4,000 stocks rising across the market [1] Investor Sentiment - The market is showing signs of structural capital inflow, with the broker ETF fund seeing a cumulative net subscription of 19.24 million yuan over the past four days [3] - In July, the number of new A-share accounts reached 1.9636 million, a month-on-month increase of nearly 20% and a year-on-year increase of over 70% [3] - The total number of new accounts in the first seven months of the year reached 14.5613 million, a year-on-year increase of 36.88% [3] Sector Performance - The market's bullish sentiment is gradually spreading, although the trend of more stocks rising than falling continues, indicating a clear structural rotation [3] - Financial stocks, particularly banks and brokerages, are the main drivers of the index's rise, while the technology growth sector is also beginning to gain momentum, with the ChiNext Index rising by 0.39% on the same day [3] Future Outlook - Many brokerage firms maintain an optimistic outlook for the market, believing that a slow bull market is likely to continue [3][4] - The current A-share market conditions are seen as conducive to initiating a comprehensive slow bull phase, supported by improving economic and profit fundamentals [3] - Institutions generally expect the market to seek direction amid fluctuations in August, with the earnings disclosure period potentially causing short-term volatility, but the long-term positive trend is expected to remain unchanged [4]