HSI spiked +2.6% (+461 pts), closed at 18293 points, rose +2.8% (+493 pts) for the week, rose 2 weeks in a row, crossed above MA20 (17922 pts).
Among the 150 largest-cap stocks, 109 (73%) closed higher. 64% of all HKEX stocks ended higher.
In terms of sectors, 10 sectors closed up, 2 sectors closed down, ranging from -0.4% to +3.9%. 4 sectors outperformed the market. The market was up +2%; Real Estate was up +3.9%, the best performer; Basic Materials was down -0.4%, but already the worst performer.
● HENDERSON LAND (0012) surged +7.6% (+$1.65), closed at $23.4, rose 4 days in a row, the best % gain in nearly 28 months, also a 25-day high, rose +10.9% (+$2.3) for the week, rose 2 weeks in a row, crossed above MA50 ($22.68). The best performer today with a huge increase in volume.
360miq.com/stockinfo?code=0012.HK
● TECHTRONIC IND (0669) surged +7% (+$6.2), closed at $95.25, the best % gain in more than 4 months, rose +5% (+$4.55) for the week, rose 2 weeks in a row, crossed above MA20 ($92.06).
360miq.com/stockinfo?code=0669.HK
● LINK REIT (0823) spiked +6.4% (+$2), closed at $33.1, the best % gain in more than 8 months, also a 29-day high, rose +8.5% (+$2.6) for the week, rose 2 weeks in a row, crossed above MA50 ($32.06).
360miq.com/stockinfo?code=0823.HK
● COSCO SHIP ENGY (1138) largely fell -3.7% (-$0.35), closed at $9.07, the worst % loss in 1 month, also a 47-day low, fell -9% (-$0.9) for the week, fell 2 weeks in a row. The worst performer today with a significant increase in volume.
360miq.com/stockinfo?code=1138.HK
● COSCO SHIP HOLD (1919) largely fell -3.5% (-$0.42), closed at $11.5, fell 3 days in a row, a 41-day low, fell -14.6% (-$1.96) for the week, fell 3 weeks in a row.
360miq.com/stockinfo?code=1919.HK