宝城期货股指期货早报-20250827

1. Report Industry Investment Rating - Not provided in the content 2. Core View of the Report - The overall view of the financial futures stock index sector is that the short - term stock market sentiment is positive and optimistic, with the index showing a strong - oscillating trend, and the medium - term view is upward [1][5]. 3. Summary by Related Catalogs 3.1 Variety View Reference - Financial Futures Stock Index Sector - For IH2509, the short - term view is oscillating, the medium - term view is upward, the intraday view is strongly oscillating, and the reference view is upward. The core logic is that the positive policy expectations provide strong support [1]. 3.2 Main Variety Price Market Driving Logic - Financial Futures Stock Index Sector - The intraday view of IF, IH, IC, and IM is strongly oscillating, the medium - term view is upward, and the reference view is upward. Yesterday, each stock index oscillated and consolidated within a narrow range. The total trading volume of the Shanghai, Shenzhen, and Beijing stock markets was 2709.8 billion yuan, a decrease of 467.1 billion yuan from the previous day. Some stocks have achieved large increases, leading to an increase in the willingness of profit - taking funds to stop profits, so the index has a need for technical adjustment, and there is a characteristic of capital rotation in previously rising sectors. The current stock market sentiment is still optimistic. Policy - side positive expectations provide strong support, and continuous capital inflows drive valuation repair. Anti - involution and consumption - promotion policies optimize the supply - demand structure, promote a moderate recovery of the price index, and drive a positive cycle. Due to the downward trend of market interest rates and loose liquidity, incremental funds from insurance, social security, margin trading, and private equity continue to flow into the stock market, driving the valuation repair market [5].