HSI slightly fell -0.2% (-32.3 pts), closed at 19721 points, fell -1.3% (-250 pts) for the week after a 3-week winning streak, crossed below MA20 (19763 pts).
Among the 150 largest-cap stocks, 38 (25%) closed higher. 37% of all HKEX stocks ended higher.
In terms of sectors, 2 sectors closed up, 8 sectors closed down, 2 sectors remained unchanged, ranging from -1.5% to +2%. 4 sectors outperformed the market, the market internal was more negative. The market was down -0.2%; Technology was up +2%, the best performer, reflecting an increasing risk appetite; Energy was down -1.5%, the worst performer.
● SMIC (0981) soared +8.2% (+$2.15), closed at $28.3, rose 3 days in a row, the best % gain in 2 months, also a 28-day high, rose +9.3% (+$2.4) for the week, crossed above MA50 ($26.94). The best performer today with the largest increase in volume.
360miq.com/stockinfo?code=0981.HK
● CHINA COAL (1898) tumbled -6.4% (-$0.61), closed at $8.97, the worst % loss in more than 2 months, also a 61-day low, fell -7.1% (-$0.69) for the week, fell 2 weeks in a row. The worst performer today with a huge increase in volume.
360miq.com/stockinfo?code=1898.HK
● KUAISHOU (1024) plummeted -5.4% (-$2.45), closed at $42.75, a 61-day low, fell -8.1% (-$3.75) for the week, fell 3 weeks in a row.
360miq.com/stockinfo?code=1024.HK
360miq.com/market?data=HKEX#tab-3
