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股指日报：股指涨跌不一，连涨后或迎来盘整-20250723
Nan Hua Qi Huo·2025-07-23 11:42

Report Summary 1. Report Industry Investment Rating No information provided 2. Core View The stock index reached a new high during intraday trading today, but pulled back in the afternoon. The overall upward trend of the stock index remains unchanged. The afternoon pullback is a way to prevent overheating of market sentiment. After consecutive sharp rises, the index may experience a short - term consolidation. It is recommended to hold long positions [6]. 3. Summary by Relevant Catalogs Market Review - The stock index showed mixed performance today, with large - cap indices rising and small and medium - cap indices falling. The trading volume of the two markets decreased by 284.39 billion yuan. Among stock index futures, IH rose with shrinking volume, while the rest rose with increasing volume [4]. Important Information - At the end of the second quarter, the balance of RMB real estate loans was 53.33 trillion yuan, a year - on - year increase of 0.4%, 0.6 percentage points higher than at the end of last year, with an increase of 416.6 billion yuan in the first half of the year [5]. - Trump's stance on "firing Powell" has softened, and he and Bessent are pressuring the Fed to cut interest rates [5]. Strategy Recommendation - Hold long positions and wait and see [7]. Futures Market Observation | | IF | IH | IC | IM | | --- | --- | --- | --- | --- | | Main contract intraday change (%) | 0.31 | 0.48 | 0.13 | 0.06 | | Trading volume (10,000 lots) | 13.1109 | 6.6876 | 10.5221 | 21.174 | | Trading volume change (10,000 lots) | 1.3706 | 0.7078 | 1.2645 | 1.9443 | | Open interest (10,000 lots) | 26.9057 | 10.0756 | 22.8236 | 33.8278 | | Open interest change (10,000 lots) | 0.151 | - 0.1022 | 0.291 | 0.9947 | [7] Spot Market Observation | Name | Value | | --- | --- | | Shanghai Composite Index change (%) | 0.01 | | Shenzhen Component Index change (%) | - 0.37 | | Ratio of rising to falling stocks | 0.32 | | Trading volume of the two markets (billion yuan) | 18646.00 | | Trading volume change (billion yuan) | - 284.39 | [8]