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HKEX Market Update 2022-09-02

360MiQ 0

HSI fell -0.7% (-145 pts), closed at 19452 points, fell -3.6% (-718 pts) for the week.

Among the 150 largest-cap stocks, 33 (22%) closed higher. 35% of all HKEX stocks ended higher.

In terms of sectors, 2 sectors closed up, 10 sectors closed down, ranging from -2.7% to 0.4%. 5 sectors outperformed the market, the market internal was more negative. The market was down -0.8%; Communication was up 0.4%, but already the best performer; Technology was down -2.7%, the worst performer.

● L’OCCITANE (0973) largely rebounded 5% (+$1.2), closed at $25.4, the best % gain in 2 months, rose 2.2% (+$0.55) for the week after a 4-week losing streak. The best performer today with a slight decrease in volume.
360miq.com/stockinfo?code=0973.HK

● CHOW TAI FOOK (1929) tanked -5% (-$0.78), closed at $14.72, the worst % loss in more than 2 months, also a 34-day low, fell -8.3% (-$1.34) for the week, fell 2 weeks in a row, crossed below MA50 ($15.33). The largest increase in volume today.
360miq.com/stockinfo?code=1929.HK

● CG SERVICES (6098) largely retreated -11.8% (-$1.86), closed at $13.92, the worst % loss in 1 month, fell -13.4% (-$2.16) for the week after a 2-week winning streak, crossed below MA20 ($15.07). The worst performer today with a significant increase in volume.
360miq.com/stockinfo?code=6098.HK

360miq.com/market?data=HKEX#tab-3

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