Market Performance - The Shanghai Composite Index fell by 1.08%, the CSI 300 Index decreased by 1%, the Shenzhen Component Index dropped by 1.33%, and the ChiNext Index declined by 2.32%[3] - The steel and coal sectors experienced significant declines of 3.45% and 2.47%, respectively, while the pharmaceutical and biological sectors fell by 2.36%[3] - Only the comprehensive and banking sectors saw slight increases of 0.65% and 0.03%[3] Monetary Policy - The People's Bank of China has introduced a new open market reverse repurchase operation tool to enhance liquidity management, with operations expected to occur monthly and not exceeding one year in duration[2] - This tool aims to support the real economy by maintaining reasonable liquidity levels in the banking system[2] Economic Indicators - The total trading volume in the two markets reached 20,621 billion yuan today[3] - Upcoming U.S. economic data releases include the September core PCE price index, with the August PCE showing a year-on-year growth of 2.7%[4] - The Federal Reserve's potential for a significant rate cut in November is considered low, with expectations of a narrower cut of 25 basis points[3]
首席观市系列报告：今日指数震荡下行，钢铁、煤炭板块走低
Chuancai Securities·2024-10-31 06:45