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HKEX Market Update 2024-07-26

360MiQ 0

HSI remained unchanged, closed at 17021 points, fell 4 days in a row, a 63-day low, fell -2.3% (-397 pts) for the week, fell 2 weeks in a row.

Among the 150 largest-cap stocks, 95 (63%) closed higher. 58% of all HKEX stocks ended higher.

In terms of sectors, 9 sectors closed up, the market internal was more positive, 3 sectors closed down, ranging from -0.5% to +1.2%. 6 sectors outperformed the market. The market was up +0.2%; Basic Materials was up +1.2%, the best performer; Consumer Defensive, Communication were down -0.5%, the worst performers.

● WEICHAI POWER (2338) spiked +12.9% (+$1.5), closed at $13.16, the best % gain in more than 35 months, rose +8.6% (+$1.04) for the week after a 3-week losing streak, crossed above MA20 and MA250 ($12.45, $12.98). The best performer today with the largest increase in volume.
360miq.com/stockinfo?code=2338.HK

● NEW ORIENTAL (9901) tanked -4.4% (-$2.55), closed at $54.95, fell 4 days in a row, the worst % loss in more than 1 month, also a 123-day low, fell -0.9% (-$0.5) for the week, fell 3 weeks in a row. The worst performer today with a huge increase in volume.
360miq.com/stockinfo?code=9901.HK

● CHINA UNICOM (0762) largely fell -4.2% (-$0.3), closed at $6.83, fell 3 days in a row, a 20-day low, fell -5% (-$0.36) for the week, fell 3 weeks in a row.
360miq.com/stockinfo?code=0762.HK

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

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