麦高证券策略周报-20251013

Market Liquidity Overview - R007 decreased from 1.6118% to 1.4850%, a reduction of 12.68 basis points; DR007 fell from 1.4376% to 1.4229%, down by 1.47 basis points. The spread between R007 and DR007 narrowed by 11.21 basis points [9][13] - The net inflow of funds this week was 41.556 billion yuan, an increase of 67.826 billion yuan compared to last week. Fund supply was 85.419 billion yuan, while demand was 43.863 billion yuan. Specifically, fund supply increased by 66.981 billion yuan, with net financing purchases rising by 76.935 billion yuan [13][16] Industry Sector Liquidity Tracking - Most sectors in the CITIC first-level industry index rose this week, with the non-ferrous metals sector showing the strongest performance, gaining 4.35%. Coal and steel sectors also saw slight increases. In contrast, the media and consumer services sectors led the declines, falling by 3.58% and 2.81%, respectively [18][21] - The electronic industry received the most net leveraged funds, totaling 7.780 billion yuan, while the coal industry experienced a net outflow of 0.38 billion yuan, marking the most significant reduction [21][22] Style Sector Liquidity Tracking - The stable style index had the highest increase at 2.58%, while the growth style index saw the largest decline at 1.78%. The growth style remains the most active sector, accounting for 59.89% of the average daily trading volume [3][11]