四大股指均突破前高

1. Report Industry Investment Rating - No information provided on the report industry investment rating. 2. Core View of the Report - The stock market rose with increased trading volume today. Among the scale - based indices, the CSI 500 index showed the strongest performance. In the industry, affected by the gold price increase due to the US government shutdown during the holiday and the export control of rare earths, the non - ferrous metals sector led the gain. The technology concept was boosted by chip - related information, with the STAR 50 index rising over 5% during the session and closing up 2.93%. Overseas stock indices performed strongly during the holiday, providing a positive sentiment basis. The stock index gap - opened higher in the morning, and the upward movement during the session was mainly driven by structural positive factors. The upward trend converged after the lunch break. The short - term structural pull is expected to continue. After the stock index continuously broke new highs, the overall sentiment is positive, and the trend is expected to remain easy to rise and difficult to fall. It is advisable to continue holding positions and wait and see [4]. 3. Summary by Related Catalogs Market Review - The stock index continued to rise today. Taking the CSI 300 index as an example, it closed up 1.48%. The trading volume of the two markets increased by 471.868 billion yuan. In the futures index market, all varieties rose with increased volume [2]. Important Information - The Shanghai Composite Index stood above 3900 points in the morning, hitting a 10 - year high, and the gold and controllable nuclear fusion concepts exploded. - The Ministry of Commerce announced the decision to implement export control on overseas rare earth items and related technologies. - The US approved NVIDIA to sell chips worth billions of dollars to the UAE [6]. Strategy Recommendation Futures Index Market Observation | | IF | IH | IC | IM | | --- | --- | --- | --- | --- | | Main contract intraday % change | 1.47 | 1.25 | 1.74 | 0.56 | | Trading volume (10,000 lots) | 13.5848 | 5.9716 | 15.5474 | 21.3729 | | Trading volume MoM (10,000 lots) | 2.5179 | 1.214 | 2.6918 | - 0.3141 | | Open interest (10,000 lots) | 27.7075 | 10.3573 | 26.8356 | 35.3076 | | Open interest MoM (10,000 lots) | 1.4919 | 0.4378 | 2.1599 | 0.1437 | [5] Spot Market Observation | Name | Value | | --- | --- | | Shanghai Composite % change | 1.32 | | Shenzhen Component % change | 1.47 | | Ratio of rising to falling stocks | 1.47 | | Total trading volume of the two markets (billion yuan) | 2653.197 | | Trading volume MoM (billion yuan) | 471.786 | [7]