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HKEX Market Update 2024-12-02

360MiQ 0

HSI rose +0.7% (+126 pts), closed at 19550 points.

Among the 150 largest-cap stocks, 110 (73%) closed higher. 62% of all HKEX stocks ended higher.

In terms of sectors, 10 sectors closed up, 2 sectors closed down, ranging from -0.2% to +2.4%. 4 sectors outperformed the market. The market was up +0.7%; Technology was up +2.4%, the best performer, reflecting a more aggressive market sentiment; Utilities, Energy were down -0.2%, but already the worst performers.

● AIR CHINA (0753) tanked -4.6% (-$0.23), closed at $4.8. The worst performer with a slight decrease in volume.
360miq.com/stockinfo?code=0753.HK

● GAC GROUP (2238) soared +25.2% (+$0.75), closed at $3.73, a 38-day high, crossed above MA20 ($3.15). The best performer with the largest increase in volume.
360miq.com/stockinfo?code=2238.HK

● SH ELECTRIC (2727) surged +14.4% (+$0.42), closed at $3.34, crossed above MA20 ($3.2).
360miq.com/stockinfo?code=2727.HK

● BYD ELECTRONIC (0285) jumped +11.3% (+$3.9), closed at $38.45, the best % gain in more than 1 month, also a 105-day high.
360miq.com/stockinfo?code=0285.HK

● NONGFU SPRING (9633) soared +8.3% (+$2.75), closed at $35.85, a 105-day high.
360miq.com/stockinfo?code=9633.HK

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

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