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HKEX Market Update 2024-05-29

360MiQ 0

HSI largely fell -1.8% (-344 pts), closed at 18477 points, crossed below MA20 (18805 pts).

Among the 150 largest-cap stocks, 22 (15%) closed higher. Only 31% of all HKEX stocks ended higher.

In terms of sectors, 2 sectors closed up, 10 sectors closed down, ranging from -2.3% to +1.1%. 6 sectors outperformed the market. The market was down -1.6%; Energy was up +1.1%, the best performer; Healthcare, Consumer Cyclical were down -2.3%, the worst performers.

● BYD (1211) jumped +5.3% (+$11) after a 6-day losing streak, closed at $217.6, the best % gain in more than 2 months, crossed above MA50 ($212.39). The best performer with a huge increase in volume.
360miq.com/stockinfo?code=1211.HK

● J&T EXPRESS (1519) largely retreated -6.6% (-$0.55), closed at $7.8, the worst % loss in 1 month. The worst performer with the largest increase in volume.
360miq.com/stockinfo?code=1519.HK

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

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