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HKEX Market Update 2023-03-09

360MiQ 0

HSI fell -0.6% (-125 pts), closed at 19926 points, fell 3 days in a row, is testing MA250 (19894 pts).

Among the 150 largest-cap stocks, 38 (25%) closed higher. 35% of all HKEX stocks ended higher.

In terms of sectors, 1 sector closed up, 11 sectors closed down, ranging from -2% to 0.2%. 5 sectors outperformed the market, the market internal was more negative. The market was down -0.9%; Energy was up 0.2%, but already the best performer; Basic Materials was down -2%, the worst performer.

● CATHAY PAC AIR (0293) largely fell -3.6% (-$0.28), closed at $7.54, fell 4 days in a row, the worst % loss in nearly 4 months, also hit a YTD low, crossed below MA20 ($7.73). The largest increase in volume.
360miq.com/stockinfo?code=0293.HK

● TECHTRONIC IND (0669) largely rebounded 5.5% (+$4.4), closed at $84.4, the best % gain in 1 month. The best performer with a slight increase in volume.
360miq.com/stockinfo?code=0669.HK

● CHINA RES GAS (1193) tumbled -5.3% (-$1.65), closed at $29.35, fell 4 days in a row, the worst % loss in 4 months, also hit a YTD low, crossed below MA250 ($30.4). The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=1193.HK

● CHINA RES MIXC (1209) plunged -4.7% (-$2.05), closed at $41.55, fell 3 days in a row, the worst % loss in nearly 3 months, also a 43-day low, crossed below MA50 ($43.16).
360miq.com/stockinfo?code=1209.HK

● HAIDILAO (6862) plunged -4.5% (-$1.05), closed at $22.1, the worst % loss in 1 month.
360miq.com/stockinfo?code=6862.HK

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

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