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HKEX Market Update 2024-03-11

360MiQ 0

HSI rose 1.4% (+235 pts), closed at 16588 points.

Among the 150 largest-cap stocks, 100 (67%) closed higher. 61% of all HKEX stocks ended higher.

In terms of sectors, 10 sectors closed up, 1 sector closed down, 1 sector remained unchanged, ranging from -2.7% to 2.7%. 6 sectors outperformed the market. The market was up 1.2%; Technology was up 2.7%, the best performer, reflecting a more aggressive market sentiment; Energy was down -2.7%, the worst performer.

● SH ELECTRIC (2727) rose 1.3% (+$0.02), closed at $1.58, rose 4 days in a row, a 38-day high. The largest increase in volume.
360miq.com/stockinfo?code=2727.HK

● GANFENGLITHIUM (1772) soared 9.3% (+$2.35), closed at $27.5, the best % gain in nearly 5 months, also a 37-day high. The best performer with a significant increase in volume.
360miq.com/stockinfo?code=1772.HK

● TIANQI LITHIUM (9696) soared 8.6% (+$3.2), closed at $40.35, the best % gain in 10 months, also a 36-day high, crossed above MA50 ($37.9).
360miq.com/stockinfo?code=9696.HK

● YANKUANG ENERGY (1171) tumbled -5% (-$1) after a 3-day winning streak, closed at $18.98, the worst % loss in more than 9 months. The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=1171.HK

● CNOOC (0883) largely retreated -3.6% (-$0.64) after a 3-day winning streak, closed at $17.32, the worst % loss in more than 9 months.
360miq.com/stockinfo?code=0883.HK

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

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