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HKEX Market Update 2022-11-07

360MiQ 0

HSI soared 2.7% (+435 pts), closed at 16596 points.

Among the 150 largest-cap stocks, 137 (91%) closed higher. 73% of all HKEX stocks ended higher, good for the market.

In terms of sectors, all sectors were up with gains from 1.8% to 5.7%. 5 sectors outperformed the market. The market was up 2.6%; Technology was up 5.7%, the best performer, reflecting an increasing risk appetite; Consumer Cyclical was up 1.8%, but already the worst performer.

● SHK PPT (0016) largely retreated -4.6% (-$4.05), closed at $84.2, the worst % loss in more than 13 months, also hit a YTD low. The worst performer but with average volume.
360miq.com/stockinfo?code=0016.HK

● SENSETIME (0020) jumped 35.3% (+$0.47), closed at $1.8, the best % gain in 10 months, also a 27-day high, crossed above MA50 ($1.72). The best performer with the largest increase in volume.
360miq.com/stockinfo?code=0020.HK

● ZIJIN MINING (2899) spiked 10.3% (+$0.83), closed at $8.92, the best % gain in 1.5 years, also a 35-day high, crossed above MA50 ($8.22).
360miq.com/stockinfo?code=2899.HK

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

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