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HKEX Market Update 2024-10-22

360MiQ 0

HSI slightly rebounded +0.1% (+21 pts), closed at 20499 points.

Among the 150 largest-cap stocks, 73 (49%) closed higher, 59 of them rose with a lower volume. 55% of all HKEX stocks ended higher.

In terms of sectors, 9 sectors closed up, 3 sectors closed down, ranging from -0.3% to +1%. 7 sectors outperformed the market, the market internal was more positive. The market was up +0.2%; Utilities was up +1%, the best performer, reflecting a decreasing risk appetite; Real Estate, Financial were down -0.3%, but already the worst performers.

● GEELY AUTO (0175) jumped +7.1% (+$0.9), closed at $13.64, rose 3 days in a row. The best performer with a huge increase in volume.
360miq.com/stockinfo?code=0175.HK

● ZTE (0763) tumbled -8% (-$1.69), closed at $19.36, crossed below MA20 ($20.32). The worst performer with the largest increase in volume.
360miq.com/stockinfo?code=0763.HK

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