HSI largely rose +1.6% (+306 pts), closed at 19866 points, rose +2.3% (+442 pts) for the week, rose 2 weeks in a row, crossed above MA20 (19595 pts).
Among the 150 largest-cap stocks, 132 (88%) closed higher. 69% of all HKEX stocks ended higher, the most in 1 month, good for the market.
In terms of sectors, all sectors were up with gains from +0.1% to +2.1%. only 1 sector outperformed the market. Boosting by Consumer Cyclical, The market was up +1.4%; Consumer Cyclical was up +2.1%, the best performer, reflecting an increasing risk appetite; Basic Materials was up +0.1%, but already the worst performer.
● WHARF HOLDINGS (0004) retreated -2.4% (-$0.55), closed at $22.1, rose +3.5% (+$0.75) for the week after a 2-week losing streak, crossed below MA20 and MA50 ($22.4, $22.34). The worst performer today but with average volume.
360miq.com/stockinfo?code=0004.HK
● CHINA EAST AIR (0670) surged +6.6% (+$0.16), closed at $2.57, the best % gain in nearly 2 months, also a 42-day high, rose +3.6% (+$0.09) for the week, rose 3 weeks in a row. The largest increase in volume today.
360miq.com/stockinfo?code=0670.HK
● WUXI APPTEC (2359) largely rebounded +9.2% (+$4.6), closed at $54.6, hit a record high, remained unchanged for the week. The best performer today with a huge increase in volume.
360miq.com/stockinfo?code=2359.HK
360miq.com/market?data=HKEX#tab-3
