HSI largely fell -2% (-360 pts), closed at 17418 points, a 56-day low, fell -4.8% (-875 pts) for the week after a 2-week winning streak, crossed below MA250 (17477 pts).
Among the 150 largest-cap stocks, 14 (9%) closed higher. Only 26% of all HKEX stocks ended higher.
In terms of sectors, all sectors were down with losses from -1.5% to -4.1%. 7 sectors outperformed the market. The market was down -2.1%; Communication, Technology were down -1.5%, but already the best performers; Energy was down -4.1%, the worst performer.
● MCC (1618) retreated -2.5% (-$0.04), closed at $1.55, the worst % loss in 1 month, also a 48-day low, fell -4.3% (-$0.07) for the week, fell 2 weeks in a row. The largest increase in volume today.
360miq.com/stockinfo?code=1618.HK
● FAST RETAIL-DRS (6288) largely retreated -7.6% (-$1.65), closed at $20.1, the worst % loss in nearly 52 months, fell -6.1% (-$1.3) for the week after a 2-week winning streak, crossed below MA20 and MA50 ($20.41, $20.52). The worst performer today with a slight increase in volume.
360miq.com/stockinfo?code=6288.HK
360miq.com/market?data=HKEX#tab-3
