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HKEX Market Update 2024-03-26

360MiQ 0

HSI rose 0.9% (+144 pts), closed at 16618 points, crossed above MA20 (16606 pts).

Among the 150 largest-cap stocks, 71 (47%) closed higher. Despite HSI rising 0.9%, only 45% of all HKEX stocks follow suit.

In terms of sectors, 6 sectors closed up, 5 sectors closed down, 1 sector remained unchanged, ranging from -1.4% to 2.2%. only 2 sectors outperformed the market. The market was up 0.6%; Communication was up 2.2%, the best performer, reflecting a more aggressive market sentiment; Utilities was down -1.4%, the worst performer.

● UBTECH ROBOTICS (9880) plunged -7.9% (-$17.2), closed at $201.8, fell 4 days in a row. The worst performer with a slight decrease in volume.
360miq.com/stockinfo?code=9880.HK

● SINOPHARM (1099) fell -2.2% (-$0.44), closed at $19.96, fell 3 days in a row, a 41-day low. The largest increase in volume.
360miq.com/stockinfo?code=1099.HK

● CM BANK (3968) surged 4.3% (+$1.3), closed at $31.3, crossed above MA20 ($30.37). The best performer with a significant increase in volume.
360miq.com/stockinfo?code=3968.HK

● TENCENT (0700) largely rose 3.7% (+$10.8), closed at $299.4, a 56-day high.
360miq.com/stockinfo?code=0700.HK

● BIDU (9888) largely rose 3.7% (+$3.7), closed at $104.4, crossed above MA20 and MA50 ($100.57, $102.37).
360miq.com/stockinfo?code=9888.HK

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

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