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HKEX Market Update 2024-01-24

360MiQ 0

HSI soared 3.6% (+546 pts), closed at 15900 points, the best % gain in more than 2 months.

Among the 150 largest-cap stocks, 144 (96%) closed higher. 74% of all HKEX stocks ended higher, good for the market.

In terms of sectors, all sectors were up with gains from 2.2% to 4.1%. 3 sectors outperformed the market. The market was up 3.4%; Communication was up 4.1%, the best performer, reflecting an increasing risk appetite; Healthcare was up 2.2%, but already the worst performer.

● EB SECURITIES (6178) spiked 10% (+$0.48), closed at $5.26, the best % gain in more than 19 months, also a 27-day high, crossed above MA20 and MA50 ($4.99, $5.18). The best performer with the largest increase in volume.
360miq.com/stockinfo?code=6178.HK

● ENN ENERGY (2688) surged 9.1% (+$4.6), closed at $55.2, the best % gain in more than 14 months, crossed above MA50 ($55.09).
360miq.com/stockinfo?code=2688.HK

● CHALCO (2600) soared 8.7% (+$0.28), closed at $3.51, the best % gain in more than 4 months.
360miq.com/stockinfo?code=2600.HK

● CHINA UNICOM (0762) spiked 8.3% (+$0.4), closed at $5.21, the best % gain in more than 3 years, also a 62-day high, crossed above MA50 ($4.88).
360miq.com/stockinfo?code=0762.HK

● GWMOTOR (2333) largely retreated -3.5% (-$0.31), closed at $8.59, a 140-day low. The worst performer with a huge increase in volume.
360miq.com/stockinfo?code=2333.HK

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

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