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HKEX Market Update 2023-10-12

360MiQ 0

HSI largely rose 1.9% (+345 pts), closed at 18238 points, rose 6 days in a row, a 23-day high, is testing MA50 (18244 pts).

Among the 150 largest-cap stocks, 125 (83%) closed higher. 62% of all HKEX stocks ended higher.

In terms of sectors, 11 sectors closed up, 1 sector closed down, ranging from -1.3% to 2.5%. 4 sectors outperformed the market. The market was up 1.6%; Financial was up 2.5%, the best performer; Energy was down -1.3%, the worst performer.

● XINYI GLASS (0868) jumped 8.2% (+$0.79), closed at $10.44, the best % gain in nearly 11 months, crossed above MA20 ($10.25). The best performer with a significant increase in volume.
360miq.com/stockinfo?code=0868.HK

● KINGDEE INT’L (0268) surged 7.2% (+$0.72), closed at $10.66, rose 5 days in a row, the best % gain in more than 2 months.
360miq.com/stockinfo?code=0268.HK

● CCB (0939) spiked 5.2% (+$0.23), closed at $4.67, rose 7 days in a row, the best % gain in 31 months, also a 68-day high, crossed above MA250 ($4.46). The largest increase in volume.
360miq.com/stockinfo?code=0939.HK

● SANY INT’L (0631) largely fell -3.3% (-$0.42), closed at $12.14, the worst % loss in nearly 2 months, crossed below MA20 and MA50 ($12.19, $12.16). The worst performer with a slight increase in volume.
360miq.com/stockinfo?code=0631.HK

● CNOOC (0883) fell -2.2% (-$0.3) after a 3-day winning streak, closed at $13.36, crossed below MA20 ($13.56).
360miq.com/stockinfo?code=0883.HK

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

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