A-Share Market Closes 2024: Shanghai Composite Index Up 12.67% for the Year, All Four Major Banks Up Over 40%

The last trading day in 2024 came to an end, throughout the year, A shares "first down and then up", the main stock indexes rose across the board, of which the Shanghai index rose 12.67% throughout the year, closing above 3,300 points. The KECH 50 index rose 16.07% for the year, the highest increase, and the Cambrian rose nearly 400%. The Shanghai 50 Index rose 15.42% for the year, the second highest increase, and the four major banks of China, agriculture, industry and construction all rose more than 40%. The performance of the small and mid-cap index was relatively poor, with the North 50 index down 4.14% for the year, one of the few major indexes to fall. From the perspective of the annual plate, the themes and plates with better performance are mainly concentrated in AI, low altitude, large finance, robots and other directions, of which AI glasses and Sora concepts are among the top. In terms of individual stocks, a total of 2202 stocks in the market rose positively during the year, and the median rise or fall of individual stocks was -5.37%, with Zhengdan Shares and Huijin Technology leading the annual increase. The total turnover of Shanghai and Shenzhen reached 254.42 trillion yuan in the year, an increase of 20.2% over last year, and the average daily turnover exceeded one trillion yuan. Since the end of September, the market trading activity has increased significantly.