申港证券策略周报：建议相对谨慎-2025-03-11

Market Overview - The five major indices tracked last week all experienced gains, indicating a recovery in market sentiment. However, the market may still face challenges from upcoming earnings reports, suggesting a cautious approach and position control is advisable [2][18]. - Last week's performance of major indices was as follows: CSI 300 increased by 1.39%, Shanghai Composite Index rose by 1.56%, Shenzhen Component Index gained 2.19%, ChiNext Index went up by 1.61%, and CSI 500 saw a rise of 2.63% [10][11]. Industry Performance - Among the 31 primary industry indices tracked last week, 26 saw increases while 5 experienced declines. The top five performing industries were non-ferrous metals, defense and military, computers, machinery, and media. Conversely, the bottom five were oil and petrochemicals, comprehensive, real estate, public utilities, and construction decoration [11][12]. Trading Data - The total trading volume last week was 6,217.36 million shares, with a total transaction value of 85,046.34 billion yuan. There were 3,933 stocks that rose and 1,382 that fell [12][13]. - As of last weekend, 54 stocks reached historical highs, while 3 stocks hit historical lows. The number of stocks reaching new highs over the past 30, 60, and 120 days were 774, 714, and 284 respectively. For new lows, the figures were 88, 38, and 30 [14][15]. Margin Trading Data - Margin trading data indicated that the weekly financing balance increased by approximately 12.1 billion yuan, while the weekly margin balance rose by about 0.7 billion yuan [14].