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HKEX Market Update 2024-03-18

360MiQ 0

HSI slightly rebounded 0.1% (+16.1 pts) after a 3-day losing streak, closed at 16737 points.

Among the 150 largest-cap stocks, 85 (57%) closed higher. 55% of all HKEX stocks ended higher.

In terms of sectors, 8 sectors closed up, 3 sectors closed down, 1 sector remained unchanged, ranging from -1.5% to 2.1%. 7 sectors outperformed the market, the market internal was more positive. The market was up 0.4%; Technology was up 2.1%, the best performer, reflecting an increasing risk appetite; Real Estate was down -1.5%, the worst performer.

● UBTECH ROBOTICS (9880) spiked 15.8% (+$35), closed at $257, rose 5 days in a row, hit a record high. The best performer but with average volume.
360miq.com/stockinfo?code=9880.HK

● FUYAO GLASS (3606) tumbled -5.3% (-$2.2), closed at $39.2, the worst % loss in more than 16 months, crossed below MA20 ($39.67). The largest increase in volume.
360miq.com/stockinfo?code=3606.HK

● LI AUTO (2015) tumbled -5.6% (-$8.3), closed at $139, fell 3 days in a row. The worst performer with a slight increase in volume.
360miq.com/stockinfo?code=2015.HK

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

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