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HKEX Market Update 2024-07-05

360MiQ 0

HSI fell -1.3% (-228 pts) after a 4-day winning streak, closed at 17800 points, rose +0.5% (+81 pts) for the week.

Among the 150 largest-cap stocks, 29 (19%) closed higher. 37% of all HKEX stocks ended higher.

In terms of sectors, 2 sectors closed up, 10 sectors closed down, ranging from -3.2% to +1.7%. 9 sectors outperformed the market. The market was down -1%; Healthcare was up +1.7%, the best performer; Technology was down -3.2%, the worst performer.

● GALAXY ENT (0027) largely fell -3.3% (-$1.2), closed at $35.25, a 46-day low, fell -3.2% (-$1.15) for the week, fell 4 weeks in a row. The largest increase in volume today.
360miq.com/stockinfo?code=0027.HK

● INNOVENT BIO (1801) largely rebounded +7.2% (+$2.65), closed at $39.65, the best % gain in 2 months, also a 31-day high, rose +7.7% (+$2.85) for the week, crossed above MA20, MA50 and MA250 ($37.32, $37.94, $38.14). The best performer today with a significant increase in volume.
360miq.com/stockinfo?code=1801.HK

● UBTECH ROBOTICS (9880) tanked -16.7% (-$25), closed at $125, the worst % loss in more than 5 months, also an 80-day low, fell -18.3% (-$28) for the week, fell 3 weeks in a row. The worst performer today with a significant increase in volume.
360miq.com/stockinfo?code=9880.HK

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

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