HSI rebounded 1.1% (+252 pts), closed at 23802 points, rose 1.7% (+404 pts) for the month, is testing MA50 (23810 pts).
Among the 150 largest-cap stocks, 99 (66%) closed higher, 93 of them rose with a lower volume. 70% of all HKEX stocks ended higher, the most in 1 month, good for the market.
In terms of sectors, all sectors were up with gains from 0.1% to 2.7%. 3 sectors outperformed the market. The market was up 1.4%; Consumer Cyclical was up 2.7%, the best performer, reflecting an increasing risk appetite; Financial was up 0.1%, but already the worst performer.
● DALI FOODS (3799) largely rebounded 8.7% (+$0.36) after a 4-day losing streak, closed at $4.5, the best % gain in 6 years, rose 10.3% (+$0.42) for the month, crossed above MA20, MA50 and MA250 ($4.42, $4.23, $4.36). The best performer today with a significant decrease in volume.
360miq.com/stockinfo?code=3799.HK
● KINGDEE INT’L (0268) plummeted -6% (-$1.12), closed at $17.64, fell 7 days in a row, hit a YTD low, fell -26.5% (-$6.36) for the month. The worst performer today but with average volume.
360miq.com/stockinfo?code=0268.HK
● GUANGDONG INV (0270) surged 5.5% (+$0.58), closed at $11.12, the best % gain in nearly 5 months, also hit a YTD high, rose 12.2% (+$1.21) for the month, crossed above MA250 ($10.97). The largest increase in volume today.
360miq.com/stockinfo?code=0270.HK
360miq.com/market?data=HKEX#tab-3
