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HKEX Market Update 2022-11-08

360MiQ 0

HSI slightly retreated -0.2% (-38.7 pts), closed at 16557 points.

Among the 150 largest-cap stocks, 61 (41%) closed higher, 52 of them rose with a lower volume. 38% of all HKEX stocks ended higher.

In terms of sectors, 4 sectors closed up, 8 sectors closed down, ranging from -1.7% to 0.5%. 7 sectors outperformed the market. The market was down -0.5%; Utilities was up 0.5%, the best performer, reflecting a more conservative market sentiment; Consumer Cyclical was down -1.7%, the worst performer.

● PICC P&C (2328) largely rebounded 4.7% (+$0.34), closed at $7.5, the best % gain in more than 2 months, crossed above MA250 ($7.47). The best performer but with average volume.
360miq.com/stockinfo?code=2328.HK

● NIO (9866) largely retreated -9% (-$8.4), closed at $85.25, crossed below MA20 ($86.45). The worst performer with a slight increase in volume.
360miq.com/stockinfo?code=9866.HK

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