传统能源行业周报：中国国家能源集团今年预计完成固定资产投资超2500亿元

Investment Rating - The report does not explicitly state an investment rating for the traditional energy industry, but it provides insights into market performance and sector dynamics [20]. Core Insights - In the third week of October 2024, sectors such as computers, electronics, and defense performed well, while food and beverage, oil and petrochemicals, and coal sectors lagged behind [2][3]. - The major indices experienced an overall increase, with the Shanghai Composite Index rising by 1.36% and the ChiNext Index increasing by 6.85% [3][8]. - The report indicates a cautious optimism for the market, suggesting a potential focus on technology sectors, but highlights the need for increased capital inflow to sustain upward momentum [2][3]. Market Performance - The Shanghai Composite Index rose by 1.36%, while the CSI 300 increased by 0.98%. The ChiNext Index saw a significant rise of 6.85%, and the STAR 50 surged by 8.87% [3][8]. - The public utility sector saw a decline of 0.76%, ranking 28th out of 31 sectors, while the coal sector increased by 0.91%, ranking 29th [3][8]. - Top performers in the public utility sector included Jidian Co. (22.65%), Jingneng Thermal Power (17.60%), and Xinzhu Co. (12.56%) [13][14]. Industry Dynamics - China National Energy Group is expected to complete fixed asset investments exceeding 250 billion yuan this year, with a year-on-year growth of over 10% [11]. - The global mining industry is entering a new cycle, with adjustments in the supply chain and a decrease in exploration investment by 1.8% year-on-year [12]. - The report notes that fossil energy supply and demand are both increasing, while the supply of major minerals like copper and aluminum is outpacing demand [12].