市场分析：避险情绪提升 A股宽幅震荡

Market Overview - The A-share market experienced a low opening and wide fluctuations on October 9, 2024, with the index finding support around 3249 points during the day [1][2] - The Shanghai Composite Index closed at 3258.86 points, down 6.62%, while the Shenzhen Component Index closed at 10,557.81 points, down 8.15% [5][6] - The trading volume for both markets was 29,673 billion, which is above the median of the past three years [2][9] Sector Performance - Semiconductor, software development, computer equipment, and aerospace industries performed well during the trading session [2][5] - Conversely, the tourism, gaming, cultural media, and photovoltaic equipment sectors showed weaker performance [2][5] - Over 90% of stocks in the two markets declined, with notable declines in sectors such as professional services, gaming, batteries, and photovoltaic equipment [5][8] Future Market Outlook - The average price-to-earnings (P/E) ratios for the Shanghai Composite Index and the ChiNext Index are currently at 14.87 times and 40.54 times, respectively, which are at the median levels of the past three years, indicating a suitable environment for medium to long-term investments [2][9] - The report anticipates that the stock index will maintain a generally upward trend, supported by ongoing macroeconomic adjustments and growth-promoting policies [2][9] - Investors are advised to focus on short-term investment opportunities in the securities, semiconductor, software development, and aerospace industries [2][9]