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HKEX Market Update 2024-09-19

360MiQ 0

HSI largely rose +2% (+353 pts), closed at 18013 points, rose 5 days in a row, the best % gain in more than 2 months, also a 45-day high.

Among the 150 largest-cap stocks, 121 (81%) closed higher. 66% of all HKEX stocks ended higher.

In terms of sectors, all sectors were up with gains from +0.2% to +3%. 4 sectors outperformed the market. The market was up +1.8%; Consumer Cyclical was up +3%, the best performer, reflecting a more aggressive market sentiment; Utilities was up +0.2%, but already the worst performer.

● EB SECURITIES (6178) rose +2% (+$0.1), closed at $5, the best % gain in more than 1 month, crossed above MA20 ($4.97). The largest increase in volume.
360miq.com/stockinfo?code=6178.HK

● CHINA VANKE (2202) soared +8.5% (+$0.33), closed at $4.23, a 32-day high, crossed above MA20 and MA50 ($3.92, $4.05). The best performer with a huge increase in volume.
360miq.com/stockinfo?code=2202.HK

● SMOORE INTL (6969) jumped +7.6% (+$0.68), closed at $9.59, rose 3 days in a row, the best % gain in nearly 2 months, also a 63-day high.
360miq.com/stockinfo?code=6969.HK

● CHINA RES LAND (1109) spiked +7.8% (+$1.5), closed at $20.8, the best % gain in more than 6 months, crossed above MA20 ($20.34).
360miq.com/stockinfo?code=1109.HK

● HAIER SMARTHOME (6690) largely rebounded +7.7% (+$1.8), closed at $25.2, the best % gain in more than 4 months, also a 39-day high, crossed above MA20, MA50 and MA250 ($23.6, $23.89, $23.72).
360miq.com/stockinfo?code=6690.HK

● INNOVENT BIO (1801) largely fell -3.8% (-$1.65), closed at $42.15, the worst % loss in more than 1 month, crossed below MA20 ($43.03). The worst performer with a huge increase in volume.
360miq.com/stockinfo?code=1801.HK

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

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