HSI largely fell -2.2% (-373 pts), closed at 16722 points, the worst % loss in 1 month, fell -0.01% (-2 pts) for the week after a 2-week winning streak, crossed below MA20 (16743 pts).
Among the 150 largest-cap stocks, 18 (12%) closed higher. Only 32% of all HKEX stocks ended higher.
In terms of sectors, 1 sector closed up, 11 sectors closed down, ranging from -2.6% to +0.6%. 6 sectors outperformed the market. The market was down -1.8%; Basic Materials was up +0.6%, the best performer; Real Estate was down -2.6%, the worst performer.
● FAST RETAIL-DRS (6288) largely fell -3.1% (-$0.7), closed at $21.6, fell 3 days in a row, a 32-day low, fell -6.1% (-$1.4) for the week, fell 2 weeks in a row, crossed below MA50 ($22.26). The largest increase in volume today.
360miq.com/stockinfo?code=6288.HK
● SD GOLD (1787) largely rose +3.9% (+$0.74), closed at $19.66, hit a YTD high, rose +10.1% (+$1.8) for the week, rose 3 weeks in a row. The best performer today with a slight increase in volume.
360miq.com/stockinfo?code=1787.HK
● LONGFOR GROUP (0960) tumbled -8.6% (-$0.89), closed at $9.41, the worst % loss in more than 2 months, also a 21-day low, fell -7% (-$0.71) for the week, fell 2 weeks in a row, crossed below MA50 ($9.81). The worst performer today with a huge increase in volume.
360miq.com/stockinfo?code=0960.HK