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HKEX Market Update 2024-10-02

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HSI soared +6.2% (+1310 pts), closed at 22444 points, rose 6 days in a row, the best % gain in more than 22 months, also hit a YTD high.

Among the 150 largest-cap stocks, 136 (91%) closed higher. 77% of all HKEX stocks ended higher, the most in more than 22 months, good for the market.

In terms of sectors, all sectors were up with gains from +1.6% to +13.2%. only 2 sectors outperformed the market. Boosting by Real Estate and Technology, The market was up +5.7%; Real Estate spiked +13.2%, the best performer; Utilities was up +1.6%, but already the worst performer.

● CHINA SOUTH AIR (1055) largely retreated -7.3% (-$0.27) after a 5-day winning streak, closed at $3.44, the worst % loss in more than 2.5 years. The worst performer with a slight decrease in volume.
360miq.com/stockinfo?code=1055.HK

● PSBC (1658) spiked +13.1% (+$0.61), closed at $5.26, hit a YTD high. The largest increase in volume.
360miq.com/stockinfo?code=1658.HK

● CMSC (6099) soared +81.3% (+$7.4), closed at $16.5, rose 4 days in a row, hit a record high. The best performer with a significant increase in volume.
360miq.com/stockinfo?code=6099.HK

● DFZQ (3958) soared +51.7% (+$2.59), closed at $7.6, rose 4 days in a row, hit a record high.
360miq.com/stockinfo?code=3958.HK

● CSC (6066) spiked +48% (+$4.24), closed at $13.08, rose 9 days in a row, hit a record high.
360miq.com/stockinfo?code=6066.HK

● CITIC SEC (6030) spiked +39.4% (+$8.1), closed at $28.65, rose 7 days in a row, hit a record high.
360miq.com/stockinfo?code=6030.HK

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

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