2024.5.6
Domestic market index for the week
(Data source: Wind, 2024.4.29-5.3)
Macro markets
In the first two trading days of May Day, the two markets showed a trend of rising and fluctuating, the Shanghai Composite Index regained the 3,100-point mark, the Shanghai Composite Index broke through the annual line, and the market volume could be enlarged.
● On the disk, the industry sector generally closed up. Favorable policies were frequently reported, with the real estate sector leading the gains, home appliances, building materials and other sectors strengthening simultaneously; the pharmaceutical and biological, basic chemicals, and commercial and retail sectors leading the gains; and the new energy track rising and falling. Cyclical stocks performed weakly, the non-ferrous metals sector pulled back to lead the decline, and the oil and shipping sectors were also sluggish. Science and technology stocks showed a trend of rising and falling this week, and individual stocks rose more and fell 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, 2024.4.29-5.3)
Major overseas markets were mixed last week, with the Nasdaq rising higher in the U.S. market. In Europe, Germany's DAX edged lower 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, 2024.4.29-5.3)
Last week, major fund indices rose, equity fund indexes, partial stock fund indices and QDII fund indices rose, and bond fund indices were flat.
Outlook for the market
● Last week, a total of two trading days, the market soared and fluctuated, the Shanghai Composite Index regained 3100 points and broke through the annual line, and the trading volume could be enlarged step by step;
● During the "May Day" period, the good news of the A-share market continued, Chinese assets staged a major counteroffensive, the Nasdaq Golden Dragon Index won three consecutive yang, Hong Kong stocks collectively rose, and the RMB exchange rate also jumped;
●Looking ahead, domestic and foreign meetings set a positive tone, global funds have a strong willingness to allocate Chinese assets, market risk appetite continues to improve, and the market is expected to recover.
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.