Market Overview - The three major indices opened lower but rebounded throughout the day, with the Shanghai Composite Index closing at 3889.50, down 0.19% [2] - The Shenzhen Component Index closed at 13231.47, down 0.93%, while the CSI 300 Index closed at 4593.98, down 0.50% [2] - The ChiNext Index closed at 3078.76, down 1.11%, but the STAR 50 Index rose by 1.40% to 1473.02 [2] Sector Performance - The top-performing sectors included Nonferrous Metals (up 3.35%), Environmental Protection (up 1.65%), and Steel (up 1.49%) [3] - The underperforming sectors were Automotive (down 2.33%), Household Appliances (down 1.74%), and Beauty Care (down 1.58%) [3] - Concept sectors that performed well included Rare Earth Permanent Magnet (up 6.92%) and Military Restructuring Concept (up 3.51%) [3] Future Outlook - The market showed resilience despite initial declines due to U.S. tariff threats, with a notable recovery in the afternoon [4] - The trading volume in the Shanghai and Shenzhen markets was 2.35 trillion, a decrease of 160.9 billion from the previous trading day [6] - The report suggests that the market's risk appetite may remain resilient due to accumulated experience and policy support, with potential sector rotation favoring anti-tariff and stable assets like rare earths and military [6] Economic Indicators - China's goods trade for the first three quarters reached 33.61 trillion yuan, a year-on-year increase of 4%, with exports at 19.95 trillion yuan (up 7.1%) and imports at 13.66 trillion yuan (down 0.2%) [5] - In September, trade volume was 4.04 trillion yuan, reflecting an 8% year-on-year growth [5]
A股市场大势研判:三大指数低开高走,大盘震荡回升
Dongguan Securities·2025-10-13 23:31