2024.4.29
Domestic market index for the week
(Data source: Wind, 2024.4.22-4.26)
Macro markets
The two cities showed a downward trend of rebound last week.
● In the first two trading days, the two markets fluctuated and weakened, and the Shanghai Composite Index retreated to the 3,000-point mark. On the disk, most of the industry sectors closed down. The beauty care sector led the gains, while the food and beverage, agriculture, forestry, animal husbandry and fishery, and pharmaceutical and biological sectors bucked the market. Energy stocks were generally sluggish, with the coal sector leading the decline, while precious metals, oil, and steel sectors were among the top decliners, while building materials, highways and other cyclical stocks also weakened, and the concept of AI fell across the board.
In the last three trading days, the two markets rebounded. On the disk, the industry sector generally closed in the red. The communication sector led the gains, the CPO concept performed strongly, the non-ferrous metal sector rose sharply, gold stocks rebounded, brokerage stocks broke out, and most sectors such as real estate, automobiles, and media were better. The coal sector continued to pull back, leading the decline against the market, the banking sector also performed poorly, and the agriculture, forestry, animal husbandry and fishery sector performed relatively weakly. Science and technology stocks showed a volatile and strong trend this week, with individual stocks rising more and falling less.
Industry sectors
Last week, the sectors with better performance in Shenwan's primary industry included computers, non-bank finance, beauty care, electronics, communications, etc., and the weaker sectors included coal, petroleum and petrochemicals, steel, non-ferrous metals, textiles and apparel, etc.
International market indices for the week
(Data source: Wind, 2024.4.22-4.26)
Major overseas markets rose last week, with the Nasdaq index rising the most in the U.S. market. In Europe, Germany's DAX and Britain's FTSE 100 rose. In the Asia-Pacific market, the Nikkei 225 index also rose on the week.
The average weekly rise and fall of all types of funds
(Data source: Wind, 2024.4.22-4.26)
Last week, the major fund indices were mixed, with the equity fund index, the partial stock fund index and the QDII fund index rising, and the bond fund index falling slightly.
Outlook for the market
●Last week, the market first suppressed and then rose, the trading volume could be gradually expanded, the plate was differentiated, the TMT was active as a whole, the energy sector was generally sluggish, and the coal sector led the decline;
●Since February, the slope of the A-share market has slowed down but is still continuing, and investors' attention to the policy has further increased recently.
●The increase in Sino-US interaction has played a positive role in promoting the return of foreign capital to Chinese assets, and the net inflow of northbound funds hit a record high on Friday, boosting the market and driving A-shares back to an upward trend.
Risk Warning: Funds are risky, and investment should be cautious. The above data comes from Wind, Haitong Securities. The opinions and comments provided in this material are for informational purposes only and do not constitute any operational advice or recommendation of the securities mentioned. This information is owned by our company, and without written permission, no institution or individual may make any deletion or modification of the content contrary to the original intention. The fund manager promises to manage the fund assets diligently and responsibly in accordance with the principle of integrity and rigor, but does not guarantee that the fund will be profitable, nor does it guarantee a minimum return, and does not represent an indication or prediction of future performance. Fund investment is risky, please carefully read the "Fund Contract", "Prospectus" and other fund legal documents before investing in the fund.