股指期货日度数据跟踪 2025-09-04 09 月 03 日，上证综指涨跌幅-1.16%，收于 3813.56 点，成交额 10122.96 亿元，深成指数涨跌幅-0.65%，收于 12472.0 点，成交额 13517.9 亿元。 中证 1000 指数涨跌幅-1.46%，成交额 4866.67 亿元，其中开盘价 7336.39，收盘价 7206.88，当日最高价 7361.03，最低价 7182.29； 中证 500 指数涨跌幅-1.34%，成交额 4495.8 亿元，其中开盘价 6988.02，收盘价 6868.46，当日最高价 7003.27，最低价 6846.18； 沪深 300 指数涨跌幅-0.68%，成交额 6556.97 亿元，其中开盘价 4501.34，收盘价 4459.83，当日最高价 4510.73，最低价 4427.52； 上证 50 指数涨跌幅-1.07%，成交额 1610.65 亿元，其中开盘价 2995.46，收盘价 2960.99，当日最高价 3002.18，最低价 2939.81。 数据来源：Wind，光期研究所 数据来源：Wind，光期研究所 二、板块涨跌对指数影响 中证 ...

股指期货日度数据跟踪 2025-09-03 一、指数走势 09 月 02 日，上证综指涨跌幅-0.45%，收于 3858.13 点，成交额 12227.78 亿元，深成指数涨跌幅-2.14%，收于 12553.84 点，成交额 16522.14 亿元。 中证 1000 指数涨跌幅-2.5%，成交额 5985.14 亿元，其中开盘价 7498.44，收盘价 7313.88，当日最高价 7499.6，最低价 7258.59； 中证 500 指数涨跌幅-2.09%，成交额 5414.94 亿元，其中开盘价 7108.94，收盘价 6961.69，当日最高价 7108.94，最低价 6909.72； 沪深 300 指数涨跌幅-0.74%，成交额 7779.99 亿元，其中开盘价 4521.98，收盘价 4490.45，当日最高价 4548.89，最低价 4454.42； 上证 50 指数涨跌幅 0.39%，成交额 1960.61 亿元，其中开盘价 2983.72，收盘价 2992.88，当日最高价 3006.46，最低价 2967.52。 图表 1：中证 1000、中证 500、沪深 300、上证 50 日内走势（% ...

不过，接下来的拉升就是吸引踏空的资金，场外的资金进场接盘了，我们要谨慎乐观了。你们想想，那些能踏空800点的人，他们的选择能对到哪里，你跟 着他们起哄就只有被收割的命运了。 一周的行情结束了，大家是不是感觉被震荡的要吐出来了。上证指数用1个交易日强行拉升1.5%，成交量临近3.2万亿，之后就迎来巨震了。 天量的成交量，市场想慢牛，想慢慢涨都不可能了。树欲静而风不止，大家想过没有，是谁在拉升指数，是外资还是汇金，这件事情需要大家反复认真的思 考。 大家做好心理准备，下周还会剧烈震荡了。 目前，周线4连阳了，月线2连阳了，年线2连阳了。年初的行情不好，不过4月份之后的A股像变了样子一样，摧枯拉朽的拉升指数了。 不出意外，接下来的行情依旧还是大资金的节奏，汇金、外资、险资等大幅进出权重股，造成指数的大起大落，双创指数、北交所这种权重股比较集中，注 册制比较彻底的指数弹性太大了。 这种情况下，A股的行情是失去理性的过热了，市场需要降温。只是，如果双创指数真的降温了，上证50指数依旧可以拉升，上证综指还可以创新高。 最后总结 投资就像烧菜，一个火候的掌握是认知经验的综合兑现，说出来的就不是道了，只有适合自己的交易计划才 ...

Report Summary 1. Index Trends - On August 21st, the Shanghai Composite Index rose 0.13% to 3771.1 points with a trading volume of 997.42 billion yuan; the Shenzhen Component Index fell 0.06% to 11919.76 points with a trading volume of 1426.32 billion yuan [1]. - The CSI 1000 Index fell 0.71% with a trading volume of 516.51 billion yuan; the CSI 500 Index fell 0.36% with a trading volume of 404.12 billion yuan; the SSE 50 Index rose 0.53% with a trading volume of 136.49 billion yuan; the CSI 300 Index rose 0.39% with a trading volume of 558.52 billion yuan [1]. 2. Impact of Sector Movements on Indexes - The CSI 1000 dropped 52.12 points compared to the previous close, with sectors like power equipment, machinery, and electronics pulling the index down [2]. - The CSI 500 dropped 23.9 points, with the media sector pulling it up and non - bank finance, power equipment, and electronics pulling it down [2]. - The CSI 300 rose 16.67 points, driven up by sectors such as banks, pharmaceuticals, and communications [2]. - The SSE 50 rose 15.19 points, boosted by banks, communications, and petroleum and petrochemicals [2]. 3. Stock Index Futures Basis and Annualized Opening Costs - For IM contracts, IM00 had an average daily basis of - 60.53, IM01 of - 107.71, IM02 of - 212.17, and IM03 of - 364.91 [13]. - For IC contracts, IC00 had an average daily basis of - 60.14, IC01 of - 98.23, IC02 of - 184.34, and IC03 of - 310.15 [13]. - For IF contracts, IF00 had an average daily basis of - 9.13, IF01 of - 16.06, IF02 of - 28.63, and IF03 of - 49.68 [13]. - For IH contracts, IH00 had an average daily basis of 0.85, IH01 of 0.7, IH02 of 2.49, and IH03 of 5.13 [13]. 4. Stock Index Futures Roll - over Point Differences and Annualized Costs - For IM contracts, data on roll - over point differences and their annualized costs at different time points from 09:45 to 15:00 are provided, e.g., at 09:45, IM00 - 01 was - 73.02267 [24]. - For IC contracts, similar data are given, such as at 09:45, IC00 - 01 was - 68.64222 [21]. - For IF contracts, at 09:45, IF00 - 01 was - 12.31678 [22]. - For IH contracts, at 09:45, IH00 - 01 was 0.707 [23].

Report Summary 1. Index Performance - On August 14th, the Shanghai Composite Index fell 0.46% to close at 3666.44 points, with a trading volume of 949.464 billion yuan; the Shenzhen Component Index dropped 0.87% to 11451.43 points, with a trading volume of 1329.745 billion yuan [1]. - The CSI 1000 Index declined 1.24%, with a trading volume of 513.604 billion yuan, opening at 7072.9, closing at 6976.49, hitting a high of 7077.81 and a low of 6957.4 [1]. - The CSI 500 Index decreased 1.2%, with a trading volume of 367.96 billion yuan, opening at 6509.21, closing at 6429.85, reaching a high of 6519.79 and a low of 6411.92 [1]. - The SSE 50 Index rose 0.59%, with a trading volume of 131.056 billion yuan, opening at 2815.49, closing at 2829.47, hitting a high of 2858.01 and a low of 2815.49 [1]. 2. Impact of Sector Movements on Indexes - The CSI 1000 Index dropped 87.84 points from the previous close, with sectors such as Medicine and Biology, Power Equipment, and Electronics significantly dragging the index down [3]. - The CSI 500 Index fell 78.25 points from the previous close, with sectors like National Defense and Military Industry, Medicine and Biology, and Electronics having a notable negative impact [3]. - The SSE 300 Index declined 3.27 points from the previous close, with sectors such as Non - Banking Finance, Electronics, and Power Equipment pulling the index up, while Automobiles, Medicine and Biology, and Communications dragging it down [3]. - The SSE 50 Index rose 16.49 points from the previous close, with sectors like Electronics, Non - Banking Finance, and Banks contributing to the increase [3]. 3. Futures Basis and Annualized Opening Costs - For IM contracts, IM00 had an average basis of - 0.48, IM01 - 66.22, IM02 - 241.2, and IM03 - 412.97 [12]. - For IC contracts, IC00 had an average basis of - 3.47, IC01 - 56.93, IC02 - 196.32, and IC03 - 320.4 [12]. - For IF contracts, IF00 had an average basis of - 0.63, IF01 - 9.92, IF02 - 36.25, and IF03 - 64.28 [12]. - For IH contracts, IH00 had an average basis of 0.34, IH01 0.99, IH02 1.91, and IH03 2.42 [12]. 4. Futures Rollover Point Differences and Annualized Costs - Data on IM, IC, IF, and IH rollover point differences and their corresponding annualized costs are presented in the report, including specific values at different time points [20][23][24][26]

1. Report Industry Investment Rating - No information provided in the report. 2. Core View of the Report - The report presents the index trends, sector - related impacts on indices, and data on futures basis, cost, and points differentials for various indices on August 12th. 3. Summary of Each Section Index Trends - On August 12th, the Shanghai Composite Index rose 0.5% to 3665.92 points with a trading volume of 778.161 billion yuan; the Shenzhen Component Index rose 0.53% to 11351.63 points with a trading volume of 1103.359 billion yuan [1]. - The CSI 1000 Index rose 0.28% with a trading volume of 409.923 billion yuan; the CSI 500 Index rose 0.41% with a trading volume of 290.495 billion yuan; the SSE 50 Index rose 0.61% with a trading volume of 109.688 billion yuan; the CSI 300 Index rose 0.52% with a trading volume of 383.088 billion yuan [1]. Impact of Sector Movements on Indices - The CSI 1000 rose 19.67 points, with sectors like electronics, communication, and non - bank finance pulling the index up, and non - ferrous metals pulling it down [2]. - The CSI 500 rose 26.4 points, with electronics, machinery, and non - bank finance pulling it up, and non - ferrous metals and national defense and military industry pulling it down [2]. - The CSI 300 rose 21.32 points, with electronics, communication, and non - bank finance pulling it up [2]. - The SSE 50 rose 17.11 points, with electronics, banks, and non - bank finance pulling it up, and food and beverage pulling it down [2]. Futures Basis and Annualized Opening Costs - For IM contracts, IM00 had an average daily basis of - 5.26, IM01 of - 76.54, IM02 of - 264.55, and IM03 of - 446.98 [13]. - For IC contracts, IC00 had an average daily basis of - 8.04, IC01 of - 74.4, IC02 of - 229.64, and IC03 of - 365.56 [13]. - For IF contracts, IF00 had an average daily basis of - 1.26, IF01 of - 13.73, IF02 of - 42.76, and IF03 of - 74.94 [13]. - For IH contracts, IH00 had an average daily basis of - 0.03, IH01 of 0.34, IH02 of 0.66, and IH03 of 0.06 [13]. Futures Roll - over Point Differences and Annualized Costs - Detailed data on the roll - over point differences and their annualized costs for IM, IC, IF, and IH contracts are provided at different time points from 09:45 to 15:00 [23][24][25][26].

Group 1: Index Trends - On August 4th, the Shanghai Composite Index rose 0.66% to close at 3583.31 points with a trading volume of 639.776 billion yuan; the Shenzhen Component Index rose 0.46% to close at 11041.56 points with a trading volume of 858.775 billion yuan [1]. - The CSI 1000 Index rose 1.04% with a trading volume of 329.555 billion yuan, opening at 6637.84, closing at 6739.69, with a daily high of 6739.73 and a low of 6631.12 [1]. - The CSI 500 Index rose 0.78% with a trading volume of 236.649 billion yuan, opening at 6190.34, closing at 6261.73, with a daily high of 6261.96 and a low of 6187.62 [1]. - The SSE 50 Index rose 0.55% with a trading volume of 80.252 billion yuan, opening at 2748.62, closing at 2769.39, with a daily high of 2769.39 and a low of 2748.62 [1]. Group 2: Impact of Sector Movements on Indexes - The CSI 1000 rose 69.22 points from the previous close, with sectors such as electronics, machinery, and national defense and military industry significantly contributing to the upward movement [2]. - The CSI 500 rose 48.53 points from the previous close, with sectors such as national defense and military industry, media, and non - ferrous metals significantly contributing to the upward movement [2]. - The SSE 50 rose 15.26 points from the previous close, with sectors such as banks, non - ferrous metals, and electronics significantly contributing to the upward movement [2]. Group 3: Stock Index Futures Basis and Annualized Opening Costs - For IM contracts, IM00 had an average daily basis of - 35.52, IM01 of - 107.93, IM02 of - 294.98, and IM03 of - 466.83 [13]. - For IC contracts, IC00 had an average daily basis of - 34.72, IC01 of - 96.84, IC02 of - 247.57, and IC03 of - 377.49 [13]. - For IF contracts, IF00 had an average daily basis of - 6.85, IF01 of - 19.1, IF02 of - 50.68, and IF03 of - 81.55 [13]. - For IH contracts, IH00 had an average daily basis of - 0.09, IH01 of 0.34, IH02 of 2.36, and IH03 of 2.52 [13]. Group 4: Stock Index Futures Roll - over Point Differences and Annualized Costs - For IM contracts, data on roll - over point differences and their annualized costs at different times (e.g., 09:45, 10:00 etc.) are provided, such as at 09:45, IM00 - 01 was - 53.1193, IM00 - 02 was - 158.791 etc. [21]. - For IC contracts, data on roll - over point differences and their annualized costs at different times are provided, like at 09:45, IC00 - 01 was - 26.1467, IC00 - 02 was - 90.0318 etc. [22]. - For IF contracts, data on roll - over point differences and their annualized costs at different times are provided, for example, at 09:45, IF00 - 01 was - 5.99267, IF00 - 02 was - 13.4098 etc. [23]. - For IH contracts, data on roll - over point differences and their annualized costs at different times are provided, such as at 09:45, IH00 - 01 was - 1.29644, IH00 - 02 was 1.559889 etc. [24].

1. Index Trends - On July 29th, the Shanghai Composite Index rose 0.33% to close at 3609.71 points with a trading volume of 793.606 billion yuan; the Shenzhen Component Index rose 0.64% to close at 11289.41 points with a trading volume of 1009.564 billion yuan [1]. - The CSI 1000 Index rose 0.65% with a trading volume of 383.704 billion yuan, opening at 6724.32, closing at 6773.88, having a high of 6773.88 and a low of 6684.16 [1]. - The CSI 500 Index rose 0.52% with a trading volume of 292.527 billion yuan, opening at 6308.12, closing at 6356.13, having a high of 6356.15 and a low of 6272.31 [1]. - The SSE 50 Index rose 0.21% with a trading volume of 111.954 billion yuan, opening at 2802.78, closing at 2808.59, having a high of 2813.74 and a low of 2795.6 [1]. - The SSE 300 Index rose 0.39% with a trading volume of 428.764 billion yuan, opening at 4132.68, closing at 4152.02, having a high of 4153.33 and a low of 4117.58 [1]. 2. Impact of Sector Movements on Indexes - The CSI 1000 rose 43.9 points from the previous close, with sectors such as Medicine & Biology, Electronics, and Computer significantly pulling the index up [3]. - The CSI 500 rose 32.71 points from the previous close, with sectors such as Electronics, Medicine & Biology, and National Defense & Military Industry significantly pulling the index up [3]. - The SSE 300 rose 16.2 points from the previous close, with sectors such as Communication, Medicine & Biology, and Electronics significantly pulling the index up, while the Banking sector pulled it down [3]. - The SSE 50 rose 5.82 points from the previous close, with sectors such as Medicine & Biology, Electronics, and National Defense & Military Industry significantly pulling the index up, while sectors like Non - Banking Finance, Banking, and Non - Ferrous Metals pulled it down [3]. 3. Stock Index Futures Basis and Annualized Opening Costs - For IM contracts, IM00 had an average daily basis of - 55.39, IM01 of - 128.53, IM02 of - 316.31, and IM03 of - 482.97 [13]. - For IC contracts, IC00 had an average daily basis of - 47.12, IC01 of - 103.2, IC02 of - 239.59, and IC03 of - 362.3 [13]. - For IF contracts, IF00 had an average daily basis of - 6.59, IF01 of - 18.46, IF02 of - 50.91, and IF03 of - 85.84 [13]. - For IH contracts, IH00 had an average daily basis of - 0.08, IH01 of - 0.44, IH02 of 0.89, and IH03 of 1.65 [13]. 4. Stock Index Futures Roll - over Point Differences and Annualized Costs - Detailed data on roll - over point differences and their annualized costs for IM, IC, IF, and IH contracts are provided at different time points from 09:45 to 15:00 [24][25][26][27].

Group 1: Index Trends - On July 24, the Shanghai Composite Index rose 0.65% to close at 3605.73 points, with a trading volume of 852.24 billion yuan; the Shenzhen Component Index rose 1.21% to close at 11193.06 points, with a trading volume of 992.466 billion yuan [1] - The CSI 1000 Index rose 1.42% with a trading volume of 374.406 billion yuan, opening at 6602.17, closing at 6701.12, with a daily high of 6701.12 and a low of 6602.17 [1] - The CSI 500 Index rose 1.56% with a trading volume of 320.188 billion yuan, opening at 6197.85, closing at 6293.6, with a daily high of 6293.6 and a low of 6197.85 [1] - The SSE 50 Index rose 0.4% with a trading volume of 118.138 billion yuan, opening at 2797.26, closing at 2812.44, with a daily high of 2819.13 and a low of 2791.78 [1] - The SSE 50 Index rose 0.4% with a trading volume of 118.138 billion yuan, opening at 2797.26, closing at 2812.44, with a daily high of 2819.13 and a low of 2791.78 [1] Group 2: Impact of Sector Movements on Indexes - The CSI 1000 rose 93.9 points from the previous close, with sectors such as electronics, pharmaceuticals and biology, and non - ferrous metals having a significant upward pull on the index [3] - The CSI 500 rose 96.84 points from the previous close, with non - bank finance, non - ferrous metals, and pharmaceuticals and biology having a significant upward pull on the index [3] - The SSE 300 rose 29.27 points from the previous close, with non - bank finance, electronics, and pharmaceuticals and biology having a significant upward pull, while the banking sector had a downward pull [3] - The SSE 50 rose 11.24 points from the previous close, with non - bank finance, food and beverages, and electronics having a significant upward pull, while the banking sector had a downward pull [3] Group 3: Futures Basis and Annualized Opening Costs - IM00 had an average daily basis of - 27.61, IM01 of - 91.7, IM02 of - 274.65, and IM03 of - 433.62 [13] - IC00 had an average daily basis of - 23.31, IC01 of - 68.3, IC02 of - 193.39, and IC03 of - 308.17 [13] - IF00 had an average daily basis of - 0.95, IF01 of - 7.45, IF02 of - 37.24, and IF03 of - 67.48 [13] - IH00 had an average daily basis of 2.25, IH01 of 3.33, IH02 of 5.32, and IH03 of 5.88 [13] Group 4: Futures Roll - over Point Differences and Annualized Costs - Data on IM, IC, IF, and IH roll - over point differences and their corresponding annualized costs at different times are provided, such as for IF at 09:45, IF00 - 01 was - 5.99267, etc. [23][26][27]

Index Trends - On July 22, the Shanghai Composite Index rose 0.62% to close at 3581.86 points, with a trading volume of 840.573 billion yuan; the Shenzhen Component Index rose 0.84% to close at 11099.83 points, with a trading volume of 1052.465 billion yuan [1]. - The CSI 1000 Index rose 0.38%, with a trading volume of 395.915 billion yuan, opening at 6607.83, closing at 6637.1, with a daily high of 6642.24 and a low of 6597.05 [1]. - The CSI 500 Index rose 0.85%, with a trading volume of 313.662 billion yuan, opening at 6166.62, closing at 6213.41, with a daily high of 6215.41 and a low of 6152.81 [1]. - The SSE 50 Index rose 0.72%, with a trading volume of 129.395 billion yuan, opening at 2773.4, closing at 2792.18, with a daily high of 2795.49 and a low of 2760.31 [1]. - The SSE 300 Index rose 0.82%, with a trading volume of 450.874 billion yuan, opening at 4087.34, closing at 4118.96, with a daily high of 4119.2 and a low of 4068.34 [1]. Impact of Sector Movements on Indexes - The CSI 1000 rose 24.84 points from the previous close. Sectors such as basic chemicals, power equipment, and non - ferrous metals significantly pulled the index up, while sectors like electronics and computers pulled it down [2]. - The CSI 500 rose 52.1 points from the previous close. Sectors such as non - ferrous metals, coal, and power equipment significantly pulled the index up [2]. - The SSE 300 rose 33.35 points from the previous close. Sectors such as power equipment, food and beverage, and coal significantly pulled the index up, while the banking sector pulled it down [2]. - The SSE 50 rose 19.94 points from the previous close. Sectors such as food and beverage, machinery, and coal significantly pulled the index up, while non - bank finance and banking sectors pulled it down [2]. Stock Index Futures Basis and Annualized Opening Costs - IM00 average daily basis was - 62.26, IM01 was - 136.19, IM02 was - 321.36, and IM03 was - 483.19 [12]. - IC00 average daily basis was - 43.55, IC01 was - 95.98, IC02 was - 223.44, and IC03 was - 341.34 [12]. - IF00 average daily basis was - 7.04, IF01 was - 17.08, IF02 was - 49.26, and IF03 was - 76.95 [12]. - IH00 average daily basis was 0.75, IH01 was 1.12, IH02 was 3.73, and IH03 was 5.42 [12]. Stock Index Futures Roll - over Point Differences and Annualized Costs - Data on roll - over point differences and annualized costs for IM, IC, IF, and IH futures contracts at different time intervals are provided, including various combinations such as 00 - 01, 00 - 02, etc. [22][27][28]