经济观察报·2025-10-09 10:41Market Performance - On October 9, A-shares opened high and closed higher, with the Shanghai Composite Index rising by 1.32% to 3933.97 points, marking the highest level since August 2015 [2][4] - The Shenzhen Component Index increased by 1.47% to 13725.56 points, and the ChiNext Index rose by 0.73% to 3261.82 points, both reaching new highs since February 2022 [2][4] - A total of 3115 stocks in the market saw gains, indicating a broad-based rally [2] Sector Performance - The non-ferrous metals sector emerged as a standout performer, with a year-to-date increase of 77.56%, outperforming hardware equipment (59.07%) and semiconductors (58.74%) [2] - On October 9, the non-ferrous metals sector surged by 6.67%, with stocks like Western Superconducting (688122.SH) and Northern Rare Earth (600111.SH) hitting the daily limit [6] - Other sectors such as power generation equipment and technology stocks also performed well, with notable gains in semiconductor stocks [4][6] Gold and Precious Metals - International spot gold prices reached a record high of over $4000 per ounce on October 8, leading to significant increases in domestic gold jewelry prices [7] - Multiple gold-related stocks, including Shandong Gold (600547.SH) and Zhongjin Gold (600589.SH), hit historical highs [7] - The rise in gold prices is attributed to global market conditions, including concerns over U.S. government shutdowns and expectations of interest rate cuts [7] Future Market Outlook - Analysts predict a "shaking upward" trend for the market in October, with continued inflow of incremental liquidity and a focus on structural characteristics [9] - The market is expected to maintain a bullish sentiment, with the upcoming Fourth Plenary Session of the 19th Central Committee anticipated to influence market expectations [9][10] - Overall, the market is likely to experience a rebound in earnings growth for most industries due to low base effects from the previous year, reinforcing market confidence [9]