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博时市场点评10月13日:沪深两市震荡,有色涨幅领先
Xin Lang Ji Jin· 2025-10-13 07:58
Market Overview - The three major indices in the A-share market adjusted, with the ChiNext index falling over 1% and total trading volume decreasing to 2.37 trillion yuan [1][2] - The non-ferrous metals sector led the gains among the Shenwan first-level industries [1] Trade Data - In September, China's total goods trade value reached 4.04 trillion yuan, a year-on-year increase of 8%, marking the highest monthly growth rate of the year [2][3] - Exports amounted to 2.34 trillion yuan, up 8.4% year-on-year, while imports were 1.70 trillion yuan, increasing by 7.5% [2] Economic Indicators - The rebound in both export and import growth indicates a synchronized improvement in domestic and external demand [3] - The resilience in exports is attributed to China's ongoing market diversification strategy and product structure optimization, enhancing overall competitiveness and value-added exports [3] Market Sentiment - The market is currently observing a high-risk preference, with attention on the changes in incremental capital, especially high-risk preference funds [1][2] - The Federal Reserve's continued interest rate cuts and manageable tariff risks contribute to maintaining a high market risk appetite [1][2] Sector Performance - On October 13, the A-share market saw declines in major indices, with the Shanghai Composite Index down 0.19% and the Shenzhen Component Index down 0.93% [4] - The non-ferrous metals, environmental protection, and steel sectors showed notable gains, while the automotive, home appliances, and beauty care sectors experienced significant declines [4]