HSI rebounded 0.7% (+139 pts) after a 3-day losing streak, closed at 19757 points, crossed above MA250 (19726 pts).
Among the 150 largest-cap stocks, 103 (69%) closed higher. 61% of all HKEX stocks ended higher.
In terms of sectors, 10 sectors closed up, 2 sectors remained unchanged, ranging from 0% to 1.7%. 6 sectors outperformed the market. The market was up 0.7%; Utilities was up 1.7%, the best performer, reflecting a decreasing risk appetite; Financial, Basic Materials remained unchanged, but already the worst performers.
● KINGDEE INT’L (0268) largely rebounded 5.8% (+$0.66) after a 6-day losing streak, closed at $12.08. The best performer but with average volume.
360miq.com/stockinfo?code=0268.HK
● SWIRE PACIFIC A (0019) largely rebounded 5% (+$2.9), closed at $60.45, the best % gain in more than 4 months, also a 30-day high, crossed above MA20 and MA50 ($58.38, $60.33).
360miq.com/stockinfo?code=0019.HK
● SITC (1308) tanked -13.1% (-$2.26), closed at $15, fell 4 days in a row, the worst % loss in 4 months, also hit a YTD low, crossed below MA50 ($17.13). The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=1308.HK
360miq.com/market?data=HKEX#tab-3
