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每日复盘-20250818
Guoyuan Securities·2025-08-18 13:03

Market Performance - On August 18, 2025, the Shanghai Composite Index reached a ten-year high, with the index rising by 0.85% to 3,728.03 points[15] - The Shenzhen Component Index increased by 1.73% to 11,835.57 points, while the ChiNext Index rose by 2.84% to 2,606.20 points[15] - The total market turnover was 28,091.31 billion yuan, an increase of 5,362.95 billion yuan compared to the previous trading day[15] Sector and Style Analysis - All 30 sectors in the CITIC first-level industry index saw gains, with the top performers being Communication (4.11%), Computer (3.21%), and National Defense Industry (2.52%)[21] - The bottom performers included Real Estate (-0.34%), Oil and Petrochemicals (-0.06%), and Home Appliances (0.16%)[21] - Growth stocks outperformed value stocks across different market capitalizations, with small-cap growth leading the way[21] Fund Flow - On August 18, 2025, the net outflow of main funds was 160.57 billion yuan, with large orders seeing a net outflow of 198.31 billion yuan[25] - Small orders continued to see a net inflow of 350.18 billion yuan, indicating retail investor interest[25] - Major ETFs like the Huaxia SSE 50 ETF and the Huatai-PB CSI 300 ETF saw varying changes in turnover, with the former decreasing by 7.34 billion yuan[29] Global Market Overview - On August 18, 2025, major Asia-Pacific indices showed mixed results, with the Hang Seng Index down 0.37% and the Nikkei 225 up 0.77%[33] - European indices also had mixed performances, with the DAX down 0.07% and the CAC 40 up 0.67%[34] - In the US, the Dow Jones Industrial Average rose by 0.08%, while the S&P 500 and Nasdaq Composite fell by 0.29% and 0.40%, respectively[34]