Market Performance Overview - Last week, the major indices showed positive performance: CSI 300 rose by 0.86%, Shanghai Composite Index rose by 0.92%, Shenzhen Component Index rose by 1.53%, ChiNext Index rose by 1.22%, and CSI 500 rose by 1.67% [3] - The market exhibited a pattern of rising initially and then falling, with a strong opening on Monday followed by adjustments in the subsequent two trading days [12][13][14][20][30] - The number of stocks hitting historical highs was 13, while 9 stocks hit historical lows [4][25] Sector Performance - The top-performing sectors last week were non-ferrous metals (6.8056%), basic chemicals (4.0884%), petroleum and petrochemicals (3.4183%), agriculture, forestry, animal husbandry, and fishery (3.4115%), and steel (3.3583%) [24][33] - The underperforming sectors included computers (-2.5381%), communications (-2.2187%), national defense (-1.9680%), media (-1.5422%), and real estate (-1.4523%) [24][35] Market Trading Data - Last week, there were only 3 trading days, with a total trading volume of 2659.35 billion shares and a turnover of 28985.51 billion yuan [15][36] - The number of stocks that rose was 3220, while 2078 stocks declined [15][36] - The number of stocks hitting 30-day, 60-day, and 120-day highs were 771, 682, and 228 respectively, while those hitting 30-day, 60-day, and 120-day lows were 407, 44, and 31 respectively [4][25][39] Investment Strategy - Since the rebound from the low point in February, the market has been consolidating at high levels, and this trend is expected to continue in the short term due to the dual financial reporting season of annual reports and Q1 reports [16][27] - Stocks lacking performance support may face downward risks, and it is recommended to focus on stocks with stable performance, low valuations, and high dividends [16][27]
策略周报：高位整理 蓄势消化
Shengang Securities·2024-04-11 16:00