Market Overview - On August 14, 2024, the three major indices experienced fluctuations and closed lower, with the Shanghai Composite Index down by 0.60%, the Shenzhen Component Index down by 1.17%, and the ChiNext Index down by 1.42. The total market turnover was 4801.86 billion, an increase of 3.09 billion compared to the previous trading day [2][10]. Market Style and Sector Performance - In terms of market style, consumer, cyclical, financial, and growth styles saw declines, while stable styles increased. Non-fund heavy stocks outperformed fund heavy stocks, and growth stocks underperformed value stocks [14]. - Among the 30 CITIC first-level industries, most sectors declined. The best-performing sectors included media (up 1.24%), electric power and utilities (up 0.63%), and construction (up 0.04%). The worst-performing sectors were basic chemicals (down 1.80%), steel (down 1.74%), and electric equipment and new energy (down 1.50%) [14]. Fund Flow Performance - On August 14, 2024, the main funds experienced a net outflow of 44.33 billion. Specifically, there was a net outflow of 1.69 billion from large orders, 42.64 billion from big orders, and 1.50 billion from medium orders, while small orders saw a continuous net inflow of 45.82 billion [15]. - Northbound funds had a significant net outflow of 71.66 billion, with the Shanghai Stock Connect seeing a net outflow of 30.61 billion and the Shenzhen Stock Connect a net outflow of 41.06 billion. Southbound funds also experienced a net outflow of 10.41 million Hong Kong dollars [15]. ETF Fund Flow Performance - On August 14, 2024, the trading volume of major ETFs such as the Shanghai 50, CSI 300, CSI 500, and CSI 1000 mostly decreased compared to the previous trading day. The trading volumes were 13.25 billion, 18.96 billion, 2.91 billion, 4.66 billion, 10.28 billion, 5.22 billion, and 2.91 billion respectively, with notable changes in trading volumes for several ETFs [19].
市场复盘:三大指数震荡走低,市场延续低量
Guoyuan Securities·2024-08-15 02:34