指數普升之後的分化與震盪
今日 A 股市場呈現出升跌互現的局面。截至收盤,滬指升0.15%,報3267.66點,深證成指跌0.27%,收於9858.10 點;創業板指跌0.13%,收盤在1930.40 點。三大指數的不同表現,反映了市場內部各板塊間的分化。
從兩市成交量來看,滬深兩市全天成交額合計 10771.94 億元,較上一日縮量 2002.79 億元。成交額的萎縮顯示市場參與熱情有所降温,投資者觀望情緒漸濃。
一、消費板塊領升市場
在升幅靠前的板塊中,大消費概念表現亮眼。休閒食品方向領升,勁仔食品垂直拉升停,鹽津鋪子也曾一度觸及升停,4 月以來累計大升逾 36%,三隻松鼠、有友食品等也大幅拉昇。
日用化工、醫療美容、家用電器等大消費相關細分板塊紛紛走強,潔雅股份、兩面針、歡樂家、安記食品等批量領升。大消費概念的走強,主要得益於政策面的驅動。
2025 年以來,我國針對 “提振消費,優化消費環境” 密集出台了一系列政策,通過發放消費補貼、實施税收優惠、推出數字消費券等組合拳,正在逐漸激活消費市場潛力。市場普遍預期政策規模仍將擴大,為大消費板塊提供持續性助力。
二、市場保持良性調整
今日市場出現調整,有多方面原因。一方面,市場有提高耐心資本的説法,意在遏制題材胡亂炒作,這使得部分資金選擇暫時觀望 。另一方面,昨晚外圍出現調整,雖對中國長期影響不大,但短期仍會對市場情緒造成一定衝擊。
三、展望未來
市場大概率將繼續做寬幅震盪。在後續市場熱點輪動中,有業績支撐的板塊有望持續獲得資金關注。但由於市場成交額連續萎縮,反映了投資者對後市信心略顯不足。
滬指重新回到 3200到3300 點這個平台後,越往上走,面臨的解套拋壓越大,若無新的增量資金入場,市場難以形成單邊上升行情,更多將在一定區間內進行寬幅震盪,投資者需把握好節奏,關注政策面與基本面的變化,在震盪中尋找投資機會。
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注意:文中所提個股和題材板塊不構成任何推薦,僅為覆盤和學習交流所用,投資決策需建立在自我獨立理性思考和專業研判之上,市場有風險,投資需謹慎。
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