市场分析：军工消费行业领涨 A股低开高走

Market Overview - The A-share market opened lower but rose throughout the day, with the Shanghai Composite Index closing at 3379.93 points, up 0.41% [3][7] - The market experienced resistance around 3365 points, with notable performances in sectors such as liquor, military industry, agriculture, and internet services, while software development, semiconductors, education, and engineering machinery lagged [3][7] - The total trading volume for the day was 15,201 billion, which is above the median of the past three years [3][15] Future Market Outlook and Investment Recommendations - The average P/E ratios for the Shanghai Composite Index and the ChiNext Index are 14.22 times and 39.19 times, respectively, indicating a suitable environment for medium to long-term investments [3][15] - The report highlights the ongoing implementation of counter-cyclical policies, with fiscal stimulus and monetary easing providing support, and emphasizes the importance of capital market reforms [3][15] - Investors are advised to focus on structural opportunities while balancing defensive and growth strategies, particularly in sectors like military, non-ferrous metals, consumption, and internet services [3][15]