HSI slightly rose +0.2% (+44.9 pts) after a 3-day losing streak, closed at 18073 points, is testing MA50 (18102 pts).
Among the 150 largest-cap stocks, 87 (58%) closed higher. 50% of all HKEX stocks ended higher.
In terms of sectors, 10 sectors closed up, 2 sectors closed down, ranging from -1.6% to +1.1%. 5 sectors outperformed the market. The market was up +0.4%; Consumer Defensive was up +1.1%, the best performer, reflecting a decreasing risk appetite; Technology was down -1.6%, the worst performer.
● SMIC (0981) plunged -4.3% (-$0.78), closed at $17.2, fell 3 days in a row, the worst % loss in 3 months, crossed below MA20 ($17.67). The worst performer but with average volume.
360miq.com/stockinfo?code=0981.HK
● CLP HOLDINGS (0002) fell -2.3% (-$1.45), closed at $61.85, fell 4 days in a row. The largest increase in volume.
360miq.com/stockinfo?code=0002.HK
● NEW ORIENTAL (9901) surged +5.1% (+$2.85), closed at $59.2, the best % gain in more than 1 month. The best performer with a significant increase in volume.
360miq.com/stockinfo?code=9901.HK
● WEICHAI POWER (2338) jumped +4.9% (+$0.66), closed at $14.2, the best % gain in nearly 3 months, crossed above MA20 ($14.18).
360miq.com/stockinfo?code=2338.HK