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HKEX Market Update 2024-01-18

360MiQ 0

HSI rebounded 0.8% (+115 pts) after a 4-day losing streak, closed at 15392 points.

Among the 150 largest-cap stocks, 104 (69%) closed higher. 61% of all HKEX stocks ended higher.

In terms of sectors, all sectors were up with gains from 0.3% to 1.3%. 3 sectors outperformed the market. The market was up 0.9%; Utilities was up 1.3%, the best performer; Energy was up 0.3%, but already the worst performer.

● FLAT GLASS (6865) surged 6.3% (+$0.92), closed at $15.44, a 42-day high. The best performer with a slight decrease in volume.
360miq.com/stockinfo?code=6865.HK

● ZTO EXPRESS (2057) rebounded 2.5% (+$3.4), closed at $140.3. The largest increase in volume.
360miq.com/stockinfo?code=2057.HK

● PRADA (1913) largely rebounded 5.5% (+$2.3), closed at $44.4, the best % gain in more than 6 months, crossed above MA20 and MA50 ($42.92, $43.77).
360miq.com/stockinfo?code=1913.HK

● WEICHAI POWER (2338) largely fell -3.5% (-$0.48), closed at $13.22, crossed below MA20 and MA50 ($13.29, $13.49). The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=2338.HK

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

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