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HKEX Market Update 2024-07-29

360MiQ 0

HSI rose +1.3% (+217 pts) after a 4-day losing streak, closed at 17238 points.

Among the 150 largest-cap stocks, 90 (60%) closed higher. 50% of all HKEX stocks ended higher.

In terms of sectors, 9 sectors closed up, 2 sectors closed down, 1 sector remained unchanged, ranging from -0.8% to +2.4%. 4 sectors outperformed the market. The market was up +0.9%; Energy was up +2.4%, the best performer; Healthcare was down -0.8%, the worst performer.

● WHARF HOLDINGS (0004) largely retreated -7.1% (-$1.75), closed at $22.9, the worst % loss in more than 20 months, crossed below MA20 and MA50 ($23.91, $23.86). The worst performer with a slight decrease in volume.
360miq.com/stockinfo?code=0004.HK

● BABA (9988) spiked +4.7% (+$3.45), closed at $76.55, the best % gain in more than 2 months, crossed above MA20, MA50 and MA250 ($74.2, $74.87, $75.59). The best performer with a huge increase in volume.
360miq.com/stockinfo?code=9988.HK

● FUYAO GLASS (3606) sank -7% (-$3.1), closed at $41.25, the worst % loss in 21 months, also a 62-day low. The largest increase in volume.
360miq.com/stockinfo?code=3606.HK

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

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