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HKEX Market Update 2023-11-23

360MiQ 0

HSI rose 1% (+176 pts), closed at 17911 points.

Among the 150 largest-cap stocks, 127 (85%) closed higher. 70% of all HKEX stocks ended higher, good for the market.

In terms of sectors, all sectors were up with gains from 0.2% to 3.2%. 4 sectors outperformed the market. The market was up 1.3%; Real Estate was up 3.2%, the best performer; Basic Materials was up 0.2%, but already the worst performer.

● LONGFOR GROUP (0960) soared 13.4% (+$1.84), closed at $15.6, rose 4 days in a row, the best % gain in nearly 4 months, also a 45-day high. The best performer with the largest increase in volume.
360miq.com/stockinfo?code=0960.HK

● NEW WORLD DEV (0017) plummeted -15.8% (-$2.5) after a 3-day winning streak, closed at $13.32, the worst % loss in more than 94 months, also hit a YTD low, crossed below MA20 and MA50 ($14.97, $14.95). The worst performer with a huge increase in volume.
360miq.com/stockinfo?code=0017.HK

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

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