A股市场运行周报第13期：反弹如期至，操作随势行

Market Overview - The A-share market experienced a rebound this week, with all major indices rising after an initial decline[1] - The major indices recorded gains: Sci-Tech 50 up 8.87%, CSI 1000 up 6.14%, ChiNext up 4.49%, CSI 500 up 3.09%, Shenzhen Component up 2.95%, Shanghai Composite up 1.36%, CSI 300 up 0.98%, and SSE 50 up 0.06%[10] - Market sentiment was affected by a 34.78% decrease in trading volume compared to the previous week, with average daily turnover at 1.65 trillion yuan[12] Sector Performance - The technology sector led the gains, with significant increases in computer, defense, electronics, and media sectors, all rising over 7%[12] - The food and beverage sector saw the largest decline, down 3.21%[12] Market Dynamics - Margin trading balance remained stable at 1.59 trillion yuan, with a decrease in the proportion of financing purchases from 9.83% to 9.55%[12] - Current valuations of major indices are within a reasonable range, with the Shanghai Composite's PE-TTM at 14.43, indicating a 58.48% percentile ranking[24] Future Outlook - The downward trend since October 8 is expected to end, with a likely daily rebound targeting the previous high of 3674 points[2] - The market is anticipated to follow a "daily rebound - daily fluctuation" pattern over the next 1 to 2 weeks, with a focus on "finance + technology" sectors for investment strategies[2] Risk Factors - Potential risks include slower-than-expected domestic economic recovery and uncertainties in global geopolitical situations[3]