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HKEX Market Update 2023-11-15

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HSI surged 3.9% (+682 pts), closed at 18079 points, the best % gain in more than 3 months, also a 22-day high, crossed above MA50 (17673 pts).

Among the 150 largest-cap stocks, 144 (96%) closed higher. 74% of all HKEX stocks ended higher, the most in more than 5 months, good for the market.

In terms of sectors, all sectors were up with gains from 2.5% to 4.1%. 4 sectors outperformed the market. The market was up 3.4%; Real Estate was up 4.1%, the best performer; Utilities, Energy, Consumer Defensive were up 2.5%, but already the worst performers.

● FAST RETAIL-DRS (6288) largely rose 3.9% (+$0.7), closed at $18.7, the best % gain in 1 month, crossed above MA50 ($18.02). The largest increase in volume.
360miq.com/stockinfo?code=6288.HK

● TECHTRONIC IND (0669) jumped 10.5% (+$7.75), closed at $81.75, rose 3 days in a row, the best % gain in 1 year, also a 61-day high, crossed above MA50 ($74.53). The best performer with a huge increase in volume.
360miq.com/stockinfo?code=0669.HK

● JD LOGISTICS (2618) largely rebounded 9.3% (+$0.85), closed at $9.99, the best % gain in more than 11 months, also a 39-day high, crossed above MA20 and MA50 ($9.34, $9.67).
360miq.com/stockinfo?code=2618.HK

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

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