HSI largely rose +1.8% (+323 pts) after a 4-day losing streak, closed at 18403 points.
Among the 150 largest-cap stocks, 114 (76%) closed higher. 56% of all HKEX stocks ended higher.
In terms of sectors, 10 sectors closed up, 2 sectors closed down, ranging from -0.5% to +2.8%. 5 sectors outperformed the market. The market was up +1.5%; Communication was up +2.8%, the best performer, reflecting an increasing risk appetite; Basic Materials was down -0.5%, the worst performer.
● SH ELECTRIC (2727) largely fell -3.2% (-$0.05), closed at $1.52, fell 4 days in a row, the worst % loss in 1 month. The largest increase in volume.
360miq.com/stockinfo?code=2727.HK
● BYD ELECTRONIC (0285) largely rebounded +7.2% (+$2.45), closed at $36.25, hit a YTD high. The best performer with a significant increase in volume.
360miq.com/stockinfo?code=0285.HK
● COSCO SHIP HOLD (1919) jumped +6.3% (+$0.82), closed at $13.88, hit a record high.
360miq.com/stockinfo?code=1919.HK
● GTJA (2611) plummeted -5.7% (-$0.47), closed at $7.83, fell 3 days in a row, the worst % loss in nearly 2 months, also a 27-day low. The worst performer with a slight increase in volume.
360miq.com/stockinfo?code=2611.HK
● HKT (6823) tumbled -5.6% (-$0.51), closed at $8.58, fell 4 days in a row, the worst % loss in more than 50 months, also hit a YTD low, crossed below MA20, MA50 and MA250 ($9.06, $8.98, $8.82).
360miq.com/stockinfo?code=6823.HK