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HKEX Market Update 2023-03-15

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HSI rebounded 1.5% (+292 pts), closed at 19540 points.

Among the 150 largest-cap stocks, 118 (79%) closed higher. 68% of all HKEX stocks ended higher, good for the market.

In terms of sectors, all sectors were up with gains from 0.5% to 3.1%. 3 sectors outperformed the market. The market was up 1.6%; Healthcare was up 3.1%, the best performer; Basic Materials was up 0.5%, but already the worst performer.

● INNOVENT BIO (1801) largely rebounded 10.2% (+$3.95), closed at $42.7, the best % gain in 3 months, also a 20-day high, crossed above MA20 and MA50 ($40.12, $40.84). The best performer with a significant increase in volume.
360miq.com/stockinfo?code=1801.HK

● OOIL (0316) largely rebounded 8.8% (+$10.7) after a 3-day losing streak, closed at $132.9, the best % gain in nearly 1 year, crossed above MA20 ($130.29).
360miq.com/stockinfo?code=0316.HK

● NEW ORIENTAL (9901) largely fell -3.8% (-$1.15), closed at $29.05, a 45-day low. The worst performer with a slight increase in volume.
360miq.com/stockinfo?code=9901.HK

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

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