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HKEX Market Update 2024-06-11

360MiQ 0

HSI fell -1% (-191 pts), closed at 18176 points.

Among the 150 largest-cap stocks, 16 (11%) closed higher. Only 29% of all HKEX stocks ended higher.

In terms of sectors, all sectors were down with losses from -0.3% to -4.7%. 4 sectors outperformed the market. The market was down -1.3%; Technology was down -0.3%, but already the best performer; Basic Materials was down -4.7%, the worst performer.

● MEITUAN (3690) largely rebounded +4.4% (+$4.9), closed at $115.3, the best % gain in more than 1 month. The best performer with a significant increase in volume.
360miq.com/stockinfo?code=3690.HK

● COSCO SHIP ENGY (1138) largely retreated -12.8% (-$1.5), closed at $10.22, the worst % loss in more than 25 months, also a 20-day low, crossed below MA20 ($10.92).
360miq.com/stockinfo?code=1138.HK

● COSCO SHIP HOLD (1919) largely retreated -12.9% (-$1.94), closed at $13.1, the worst % loss in more than 32 months. The worst performer with a huge increase in volume.
360miq.com/stockinfo?code=1919.HK

● SD GOLD (1787) largely retreated -8.7% (-$1.54), closed at $16.22, the worst % loss in nearly 5 months, also a 46-day low, crossed below MA20 and MA50 ($17.59, $17.61).
360miq.com/stockinfo?code=1787.HK

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

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