On October 9th, the total turnover of the Shanghai and Shenzhen stock exchanges reached 1.9 trillion yuan, an increase of approximately 218.4 billion yuan from the previous trading day, surpassing the peak turnover in mid-September. Market activity continued to rise for three consecutive days last week, and the 20-day moving average resistance level has been broken.
--------Note: The turnover volume of the two exchanges reflects the views of major institutions, speculative funds, and retail investors on A-shares. A volume above the moving average indicates increased total turnover and a more optimistic market sentiment, while a volume below the moving average indicates decreased total turnover and a cooling market sentiment.
