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HKEX Market Update 2024-07-30

360MiQ 0

HSI retreated -1.4% (-235 pts), closed at 17003 points, a 65-day low.

Among the 150 largest-cap stocks, 15 (10%) closed higher. Only 30% of all HKEX stocks ended higher.

In terms of sectors, all sectors were down with losses from -0.5% to -2.8%. 4 sectors outperformed the market. The market was down -1.3%; Financial was down -0.5%, but already the best performer; Energy was down -2.8%, the worst performer.

● STANCHART (2888) spiked +4.9% (+$3.6), closed at $76.9, rose 3 days in a row, the best % gain in nearly 3 months, also a 38-day high, crossed above MA50 ($73.55). The best performer with the largest increase in volume.
360miq.com/stockinfo?code=2888.HK

● WHARF HOLDINGS (0004) plunged -5.9% (-$1.35), closed at $21.55, hit a YTD low, crossed below MA250 ($22.36). The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=0004.HK

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

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