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HKEX Market Update 2024-01-29

360MiQ 0

HSI rebounded 0.8% (+125 pts), closed at 16077 points, crossed above MA20 (16010 pts).

Among the 150 largest-cap stocks, 109 (73%) closed higher. 51% of all HKEX stocks ended higher.

In terms of sectors, 10 sectors closed up, 2 sectors closed down, ranging from -0.7% to 1.5%. 5 sectors outperformed the market. The market was up 0.6%; Consumer Defensive was up 1.5%, the best performer, reflecting a more conservative market sentiment; Healthcare was down -0.7%, the worst performer.

● FAST RETAIL-DRS (6288) fell -2.4% (-$0.5), closed at $20.5, the worst % loss in nearly 2 months. The largest increase in volume.
360miq.com/stockinfo?code=6288.HK

● CHINA TOWER (0788) spiked 8.5% (+$0.07), closed at $0.89, rose 4 days in a row, the best % gain in more than 13 months, also hit a YTD high, crossed above MA250 ($0.84). The best performer with a huge increase in volume.
360miq.com/stockinfo?code=0788.HK

● WUXI APPTEC (2359) plummeted -11% (-$7.1), closed at $57.5, fell 4 days in a row, hit a YTD low. The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=2359.HK

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

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