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HKEX Market Update 2024-04-08

360MiQ 0

HSI slightly rose +0.05% (+8.85 pts), closed at 16733 points.

Among the 150 largest-cap stocks, 96 (64%) closed higher. 55% of all HKEX stocks ended higher.

In terms of sectors, 10 sectors closed up, the market internal was more positive, 2 sectors closed down, ranging from -1.3% to +3%. 5 sectors outperformed the market. The market was up +0.3%; Basic Materials was up +3%, the best performer; Consumer Defensive was down -1.3%, the worst performer.

● UBTECH ROBOTICS (9880) tanked -9% (-$18.8), closed at $190.2, the worst % loss in 1 month. The worst performer but with average volume.
360miq.com/stockinfo?code=9880.HK

● ZOOMLION (1157) largely rebounded +7.1% (+$0.37), closed at $5.56, hit a YTD high. The largest increase in volume.
360miq.com/stockinfo?code=1157.HK

● HUANENG POWER (0902) largely rebounded +11.4% (+$0.51), closed at $4.99, the best % gain in more than 15 months, also hit a YTD high, crossed above MA20 ($4.65). The best performer with a huge increase in volume.
360miq.com/stockinfo?code=0902.HK

● TIANQI LITHIUM (9696) largely rebounded +9% (+$3.15), closed at $38.25, the best % gain in nearly 11 months, crossed above MA50 ($36.9).
360miq.com/stockinfo?code=9696.HK

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

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