情绪与估值12月第4期：市场活跃度回落，银行估值分位领涨

Group 1 - The report indicates that during the week of December 19-25, the A-share market experienced a slight decrease in margin trading balance and a decline in trading activity. The major indices showed a mixed performance in PE valuation percentiles, with the Shanghai 180 index leading the gains [60][35][53] - The financial sector saw the largest increase in PE valuation percentiles, while the consumer services sector experienced the most significant decline [60][27][13] Group 2 - The banking industry led the gains in valuation percentiles, with an increase of 7.2 percentage points, while the consumer services sector saw a decline of 9.3 percentage points [27][13][14] - The report highlights that the overall PE valuation percentiles for various industries mostly declined, with the banking sector showing resilience and growth [13][14][27]