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HKEX Market Update 2023-03-29

360MiQ 0

HSI largely rose 2.1% (+407 pts), closed at 20192 points, crossed above MA20 and MA250 (19800 pts, 19821 pts).

Among the 150 largest-cap stocks, 99 (66%) closed higher. 52% of all HKEX stocks ended higher.

In terms of sectors, 11 sectors closed up, 1 sector closed down, ranging from -0.1% to 4.1%. only 1 sector outperformed the market. Boosting by Consumer Cyclical, The market was up 1.5%; Consumer Cyclical was up 4.1%, the best performer, reflecting an increasing risk appetite; Basic Materials was down -0.1%, but already the worst performer.

● ESR (1821) largely fell -3.4% (-$0.48), closed at $13.44, the worst % loss in nearly 2 months. The worst performer with a slight decrease in volume.
360miq.com/stockinfo?code=1821.HK

● BABA (9988) largely rebounded 12.2% (+$10.3) after a 3-day losing streak, closed at $94.55, the best % gain in more than 4 months, also a 23-day high, crossed above MA20 and MA250 ($84.41, $91.72). The best performer with a huge increase in volume.
360miq.com/stockinfo?code=9988.HK

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

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