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HKEX Market Update 2024-01-25

360MiQ 0

HSI largely rose 2% (+312 pts), closed at 16212 points, rose 3 days in a row, crossed above MA20 (16113 pts).

Among the 150 largest-cap stocks, 123 (82%) closed higher. 67% of all HKEX stocks ended higher, good for the market.

In terms of sectors, all sectors were up with gains from 0.3% to 5.1%. 6 sectors outperformed the market. The market was up 1.9%; Energy was up 5.1%, the best performer; Technology was up 0.3%, but already the worst performer.

● NIO (9866) largely retreated -4.7% (-$2.3), closed at $46.95. The worst performer but with average volume.
360miq.com/stockinfo?code=9866.HK

● CHINA COMM CONS (1800) soared 7.6% (+$0.26), closed at $3.69, rose 3 days in a row, the best % gain in nearly 11 months, also a 69-day high. The largest increase in volume.
360miq.com/stockinfo?code=1800.HK

● ENN ENERGY (2688) jumped 12.4% (+$6.85), closed at $62.05, rose 3 days in a row, the best % gain in 22 months, also a 54-day high, crossed above MA20 ($56.02). The best performer with a huge increase in volume.
360miq.com/stockinfo?code=2688.HK

● CHINA COAL (1898) spiked 11.4% (+$0.88), closed at $8.57, rose 3 days in a row, the best % gain in more than 21 months, also a 3247-day high.
360miq.com/stockinfo?code=1898.HK

● CHALCO (2600) soared 9.7% (+$0.34), closed at $3.85, rose 3 days in a row, the best % gain in more than 4 months, crossed above MA20 and MA50 ($3.69, $3.74).
360miq.com/stockinfo?code=2600.HK

● CHINA RAILWAY (0390) soared 8.9% (+$0.3), closed at $3.67, rose 3 days in a row, the best % gain in nearly 5 years, also a 54-day high, crossed above MA50 ($3.39).
360miq.com/stockinfo?code=0390.HK

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

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