HSI largely rose 2.5% (+433 pts), closed at 17664 points, the best % gain in more than 3 months, rose 1.5% (+265 pts) for the week, rose 2 weeks in a row, crossed above MA20 (17463 pts).
Among the 150 largest-cap stocks, 135 (90%) closed higher. 72% of all HKEX stocks ended higher, good for the market.
In terms of sectors, all sectors were up with gains from 0.7% to 3.1%. 3 sectors outperformed the market. The market was up 2.3%; Communication, Technology were up 3.1%, the best performers, reflecting an increasing risk appetite; Basic Materials was up 0.7%, but already the worst performer.
● MANULIFE (0945) largely rose 3.3% (+$4.6), closed at $142.9, the best % gain in 9 months, rose 4.3% (+$5.9) for the week after a 2-week losing streak, crossed above MA20 and MA250 ($140.44, $141.4). The largest increase in volume today.
360miq.com/stockinfo?code=0945.HK
● BOC AVIATION (2588) jumped 10.5% (+$5.15), closed at $54.4, rose 3 days in a row, the best % gain in more than 35 months, rose 7.5% (+$3.8) for the week, rose 2 weeks in a row, crossed above MA20 ($51.68). The best performer today with a slight increase in volume.
360miq.com/stockinfo?code=2588.HK
● SINO BIOPHARM (1177) surged 9.4% (+$0.29), closed at $3.38, rose 3 days in a row, a 61-day high, rose 15.8% (+$0.46) for the week, rose 2 weeks in a row.
360miq.com/stockinfo?code=1177.HK
● ZHONGSHENG HLDG (0881) soared 8.1% (+$1.48), closed at $19.74, the best % gain in 5 months, rose 2.7% (+$0.52) for the week, rose 2 weeks in a row, crossed above MA20 ($19.22).
360miq.com/stockinfo?code=0881.HK
● SINOTRUK (3808) fell -2.3% (-$0.34), closed at $14.3, fell -5.5% (-$0.84) for the week, crossed below MA20 ($14.42). The worst performer today with a significant increase in volume.
360miq.com/stockinfo?code=3808.HK
360miq.com/market?data=HKEX#tab-3
