Jing Ji Guan Cha Wang·2025-10-09 09:25Core Viewpoint - The A-share market experienced a strong opening on October 9, with all three major indices rising significantly, marking the highest levels since 2015 for the Shanghai Composite Index [2][4]. Market Performance - On October 9, the Shanghai Composite Index rose by 1.32% to close at 3933.97 points, while the Shenzhen Component Index increased by 1.47% to 13725.56 points, and the ChiNext Index gained 0.73% to 3261.82 points [2]. - A total of 3115 stocks in the market saw gains, indicating broad-based investor optimism [2]. Sector Highlights - The non-ferrous metals sector emerged as a standout performer, with a year-to-date increase of 77.56%, outperforming hardware equipment and semiconductor sectors [2]. - On the same day, the non-ferrous metals, hardware equipment, and semiconductor stocks saw renewed upward momentum [3]. Specific Stock Movements - The non-ferrous metals sector saw a collective surge, with significant gains in gold, copper, nickel, rare earths, lithium, and cobalt concepts [3]. - Notable stocks such as Western Superconducting Technologies, Northern Rare Earth, and Luoyang Molybdenum all hit the daily limit up [4]. Gold Market Dynamics - International spot gold prices surpassed $4000 per ounce, reaching a historical high, which contributed to the surge in gold-related stocks [4]. - Domestic gold jewelry prices also hit record levels, with several brands exceeding 1160 yuan per gram [4]. Future Market Outlook - Analysts predict a "shaking upward" trend for the market in October, with a focus on structural characteristics driven by resource security, corporate overseas expansion, and technological competition [6]. - The market is expected to maintain a bullish sentiment, with net inflows of public and private fund financing supporting a balanced market style [6][7]. Economic Indicators - The upcoming Fourth Plenary Session is anticipated to influence market expectations and trading directions, while the third-quarter earnings reports are expected to show a rebound in profit growth across most industries [6][7].