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HKEX Market Update 2024-07-09

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HSI remained unchanged, closed at 17523 points, fell 3 days in a row, a 48-day low, is testing MA250 (17510 pts).

Among the 150 largest-cap stocks, 41 (27%) closed higher. 53% of all HKEX stocks ended higher.

In terms of sectors, 8 sectors closed up, the market internal was more positive, 3 sectors closed down, 1 sector remained unchanged, ranging from -1% to +2.9%. 4 sectors outperformed the market. The market was up +0.3%; Technology was up +2.9%, the best performer, reflecting a more aggressive market sentiment; Energy was down -1%, the worst performer.

● CGS (6881) rebounded +1.9% (+$0.07) after a 3-day losing streak, closed at $3.79. The worst performer with a slight decrease in volume.
360miq.com/stockinfo?code=6881.HK

● ZTE (0763) surged +9.8% (+$1.7), closed at $19, the best % gain in more than 4 months, also hit a YTD high, crossed above MA250 ($18.55). The best performer with the largest increase in volume.
360miq.com/stockinfo?code=0763.HK

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

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