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HKEX Market Update 2024-08-08

360MiQ 0

HSI slightly rose +0.08% (+13.8 pts), closed at 16892 points.

Among the 150 largest-cap stocks, 56 (37%) closed higher. 41% of all HKEX stocks ended higher.

In terms of sectors, 5 sectors closed up, 5 sectors closed down, 2 sectors remained unchanged, ranging from -1.5% to +1%. 5 sectors outperformed the market. The market remained unchanged; Energy was up +1%, the best performer; Consumer Defensive was down -1.5%, the worst performer.

● NEW ORIENTAL (9901) largely retreated -6.5% (-$3.65) after a 3-day winning streak, closed at $52.15, crossed below MA20 ($55.27). The worst performer with a slight decrease in volume.
360miq.com/stockinfo?code=9901.HK

● SWIREPROPERTIES (1972) jumped +11.7% (+$1.52), closed at $14.5, rose 4 days in a row, a 44-day high, crossed above MA50 ($13.06). The best performer with the largest increase in volume.
360miq.com/stockinfo?code=1972.HK

● HWORLD (1179) sank -6.2% (-$1.4), closed at $21, the worst % loss in more than 11 months, also hit a YTD low.
360miq.com/stockinfo?code=1179.HK

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

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