Market Performance - On March 31, 2025, the Shanghai Composite Index fell by 0.46%, the Shenzhen Component Index decreased by 0.97%, and the ChiNext Index dropped by 1.15%[2] - The total market turnover was 12,213.00 billion CNY, an increase of 1,025.29 billion CNY compared to the previous trading day[2] - A total of 1,314 stocks rose while 4,081 stocks declined across the market[2] Sector and Style Analysis - Among the 30 CITIC first-level industries, most sectors experienced declines, with home appliances (0.50%), telecommunications (0.42%), and banking (0.31%) showing relative strength[20] - The weakest sectors included comprehensive (-2.22%), comprehensive finance (-2.11%), and consumer services (-1.96%)[20] - Fund-heavy stocks outperformed the CSI All Share Index[20] Capital Flow - On March 31, 2025, the net outflow of main funds was 495.78 billion CNY, with large orders seeing a net outflow of 263.14 billion CNY and super large orders a net outflow of 232.64 billion CNY[3] - Small orders continued to see a net inflow of 471.42 billion CNY[3] ETF Trading Activity - Major ETFs such as the Huaxia SSE 50 ETF and the Huatai-PB CSI 300 ETF saw significant increases in trading volume, with changes of +8.04 billion CNY and +7.75 billion CNY respectively[30] - The inflow into the Sci-Tech 50 ETF on March 28 was 3.27 billion CNY[30] Global Market Trends - On March 31, 2025, major Asia-Pacific indices closed lower, with the Hang Seng Index down 1.31% and the Nikkei 225 down 4.05%[4][33] - European indices also fell, with the DAX down 0.96% and the CAC40 down 0.93%[5][34] - In the US, the Dow Jones Industrial Average decreased by 1.69%, and the Nasdaq Composite fell by 2.70%[5][34]
每日复盘-2025-03-31
Guoyuan Securities·2025-03-31 13:42