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HKEX Market Update 2024-11-12

360MiQ 0

HSI plunged -2.8% (-580 pts), closed at 19847 points, fell 3 days in a row, a 31-day low.

Among the 150 largest-cap stocks, 16 (11%) closed higher. Only 23% of all HKEX stocks ended higher.

In terms of sectors, all sectors were down with losses from -0.7% to -4.1%. 7 sectors outperformed the market. The market was down -2.4%; Healthcare was down -0.7%, but already the best performer; Technology was down -4.1%, the worst performer.

● PRU (2378) largely fell -3.6% (-$2.35), closed at $62.9, fell 3 days in a row, the worst % loss in 1 month, also a 41-day low. The largest increase in volume.
360miq.com/stockinfo?code=2378.HK

● SH PHARMA (2607) largely rose +3.6% (+$0.46), closed at $13.3, the best % gain in 1 month, also a 24-day high. The best performer with a significant increase in volume.
360miq.com/stockinfo?code=2607.HK

● ZTE (0763) largely retreated -9.1% (-$2.1) after a 3-day winning streak, closed at $21.1, the worst % loss in 1 month. The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=0763.HK

● CHINAHONGQIAO (1378) plummeted -8.7% (-$1.24), closed at $13.02, fell 3 days in a row, the worst % loss in nearly 32 months, crossed below MA20 ($13.46).
360miq.com/stockinfo?code=1378.HK

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

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