The market opened with a slight rebound, with the CSI A500 Index rising by 0.34%. Two ETFs related to the CSI A500 had a combined trading volume of over 5.6 billion yuan.

The market opened with volatility and then rebounded, with the three major indices opening lower and then turning positive, collectively turning red. The CSI A500 Index rose by 0.34%. In terms of sectors, the power grid equipment concept surged, the generator concept quickly strengthened, the chemical sector performed actively, and the CPO concept oscillated and rebounded; on the downside, oil and gas stocks showed weakness.

As of the morning close, ETFs tracking the CSI A500 Index in the market slightly increased. Among them, nine CSI A500-related ETFs had a trading volume exceeding 100 million yuan, and two exceeded 5.6 billion yuan. The A500 ETF fund and the A500 ETF Southern had trading volumes of 6.553 billion yuan and 5.661 billion yuan respectively in the morning session.

Some securities firms suggest that before clear signs of a rebound appear at the index level, investors should remain cautious, reasonably control their positions, and closely monitor overseas macroeconomic developments and domestic two sessions. In the medium term, recent overseas macro events have increased in impact, and a trend-based rally is still expected to wait. From after the Spring Festival until the end of April, the market is likely to mainly fluctuate within a wide range, with increased volatility. It is recommended to reasonably control positions and wait patiently for signs of a market turning point to appear.

Daily Economic News