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HKEX Market Update 2024-05-07

360MiQ 0

HSI fell -0.5% (-98.6 pts) after a 10-day winning streak, closed at 18479 points.

Among the 150 largest-cap stocks, 80 (53%) closed higher. 49% of all HKEX stocks ended higher.

In terms of sectors, 7 sectors closed up, 5 sectors closed down, ranging from -1.3% to +0.8%. 8 sectors outperformed the market. The market was down -0.4%; Energy was up +0.8%, the best performer; Consumer Cyclical was down -1.3%, the worst performer.

● SWIRE PACIFIC B (0087) fell -2.2% (-$0.24), closed at $10.72, the worst % loss in 3 months. The largest increase in volume.
360miq.com/stockinfo?code=0087.HK

● CHALCO (2600) largely rose +4% (+$0.21), closed at $5.51, hit a YTD high. The best performer with a huge increase in volume.
360miq.com/stockinfo?code=2600.HK

● CHINA RES LAND (1109) largely rebounded +3.7% (+$1.1), closed at $30.75, hit a YTD high.
360miq.com/stockinfo?code=1109.HK

● NTES (9999) largely retreated -5% (-$8), closed at $152.7, the worst % loss in 1 month, crossed below MA50 and MA250 ($159.03, $155.58). The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=9999.HK

● KUAISHOU (1024) tumbled -5.2% (-$3.25), closed at $58.7, the worst % loss in more than 3 months.
360miq.com/stockinfo?code=1024.HK

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