Investment 26/3/2024

The offshore RMB rebounded against the U.S. dollar for a time, driving the Hang Seng Index to rise by more than 100 points. The market continued to wait and see the company's performance. The market lacked momentum, and the full-day volatility was only 171 points. The Hang Seng Index opened 32 points higher at 16,531 and then showed mixed performance. It rose 113 points near noon, reaching a high of 16,612, and rose 79 points in half a day. In the afternoon, dragged down by the decline in A-shares, the Hang Seng Index fell 58 points to a low of 16,441; it closed down 25 points, or 0.16%, to 16,473. The Hang Seng Index fell 389 points for two consecutive days. The technology index closed 18 points, or 0.54% lower, at 3,437 points. The main board turnover was 112.7 billion yuan, exceeding the 100 billion level for three consecutive trading days. 


European stock markets developed individually, with British stocks falling 0.17%, French stocks unchanged, and German stocks rising 0.3%. 


U.S. technology stocks were under pressure, and the market was waiting to see the release of a number of economic data this week. U.S. stocks were soft on Monday. After the Dow opened 65 points lower, the decline once extended to 179 points, reaching a low of 39,296 points; the S&P 500 index once fell 0.35%. The Nasdaq, which is dominated by technology stocks, fell at most 0.69%.


 At the close of the U.S. stock market, the Dow fell 162 points, or 0.41%, to 39,313 points; the S&P 500 dropped 16 points, or 0.31%, to 5,218 points; and the Nasdaq fell 44 points, or 0.27%, to 16,384 points. 


The US dollar index once fell 0.27% to 104.144; the yen once rose 0.24% to 151.05 per dollar.

 

留言

張貼留言

這個網誌中的熱門文章

Investment 29/4/2026

圖片
The Hang Seng Index opened 111 points lower at 25,814 and continued its downward trend, falling as much as 316 points in the afternoon to a low of 25,609. It closed down 245 points, or 0.94%, at 25,679. The Technology Index fell 112 points, or 2.28%, to 4,827. Total market turnover was HK$262.3 billion. It is anticipated that the US and Iran will not reach a negotiation agreement soon; furthermore, the liquidity drain and the upcoming May Day holiday have contributed to the two consecutive days of decline in Hong Kong stocks. The Hang Seng Index may test the support level of the 250-day moving average (25,404), while the 100-day moving average (26,098) will turn from support to resistance. Investors should not rush into the market now but should adopt a risk-averse strategy, waiting for the Hang Seng Index to potentially fall to the 24,409 level before considering buying on dips to position for a rebound. European stocks traded mixed, with the UK FTSE 100 rising slightly by 0.11%, whil...
閱讀完整內容

Investment 24/4/2026

圖片
The Hang Seng Index opened 64 points lower at 26,098, and the decline widened to 322 points at one point, reaching a low of 25,840. It closed down 248 points, or 0.94%, at 25,915. The Technology Index fell 98 points, or 1.98%, to 4,865. Total market turnover was HK$255.3 billion. The Hang Seng Index broke below the 16,000-point mark. However, due to the relatively lagging performance of Hong Kong stocks and stable market sentiment, a significant correction has not yet occurred. It is believed that the Hang Seng Index can hold the 250-day moving average (25,349), a key level for bull and bear markets, while facing strong resistance at 27,000 points. European stock markets showed mixed performance, with British and German stocks falling 0.19% and 0.16% respectively, while French stocks rose 0.87%. With the Middle East situation unresolved and investors awaiting the implementation of peace talks, international oil prices remained high, putting pressure on US stocks on Thursday. The Dow Jo...
閱讀完整內容

Investment 27/4/2026

圖片
The Hang Seng Index opened 181 points lower at 25,733, and once plunged 275 points to a low of 25,639, before recovering its losses, rising as much as 89 points to 26,004. It closed the day up 62 points, or 0.24%, at 25,978; the Tech Index rose 36 points, or 0.75%, to 4,902. Total market turnover was HK$236.7 billion. For the week, the Hang Seng Index fell 182 points, or 0.69%. Hong Kong stocks rebounded on Friday but failed to recover the 26,000-point mark. The Hang Seng Index broke through the descending channel earlier this month with an upward gap (25,254 to 25,668). Last week's short-term correction to this gap followed by a sharp rebound reflects the strong support at this level. Recent geopolitical tensions have fluctuated, causing Hong Kong stocks to trade in a volatile range. Without significant positive or negative news, they are expected to fluctuate between 25,500 and 26,300 points this week. If the market can break through and hold above 26,300 points, it may test the ...
閱讀完整內容