Investment 25/4/2024

The Hang Seng Index opened 164 points higher at 16,993 points and continued its upward trend. The increase expanded to 388 points to 17,217 points in the afternoon. It rose 372 points or 2.21% for the whole day to 17,201 points. It rose for 3 consecutive trading days and hit a closing high this year; Technology The index rose 124 points or 3.61% to 3,573 points. Main board transaction volume was HK$129.5 billion. 

Geopolitical tensions have cooled down, and the mainland has repeatedly taken measures to support the development of the capital markets in China and Hong Kong. The market sentiment has improved significantly. In addition, many institutional investors have recently increased their holdings of Hong Kong stocks, and investment banks' views on the prospects of Hong Kong stocks have also improved. However, the valuation of Hong Kong stocks is still lagging behind, which is expected to attract renewed capital inflows. It is believed that there is still room for a rebound in the market outlook. In terms of trend, the Hang Seng Index has been trading sideways between 16,000 and 17,000 points for some time. The market has risen above the 17,000 mark with the cooperation of transactions, and the market outlook is improving. If it can hold the 100-day line (16,413) in the event of an adjustment, it can look towards the 250-day line (17,740) level. 

European stock markets came under pressure, with British, French and German stock markets falling 0.06%, 0.17% and 0.27% respectively. 

Although the stock prices of large U.S. companies rose after announcing their results, investors were worried about the deterioration of the geopolitical situation  again. U.S. stocks lacked direction on Wednesday. The Dow Jones Industrial Average opened 49 points higher and then turned negative shortly after, falling 193 points to 38,310 points. It fell 0.46%; after rising 0.91%, the Nasdaq fell 0.4%.

 The U.S. stock market closed, with the three major indexes developing within narrow ranges. The Dow retreated 42 points, or 0.11%, to 38,460 points; the S&P 500 rebounded 1 point, or 0.02%, to 5,071 points; the Nasdaq rebounded 16 points, or 0.1%, to 15,712 points. .

 The US dollar index rose by up to 0.26% to 105.95; the Japanese yen fell below 155 per dollar and once fell 0.34% to a low of 155.37, another 34-year low; Germany's Ifo business confidence index climbed to a one-year high in April, reflecting that the economy is out of trouble , supporting the European Central Bank to cut interest rates, the euro once fell 0.21%, as low as $1.0678.

 The Hang Seng Index opened 164 points higher at 16,993 points and continued its upward trend. The increase expanded to 388 points to 17,217 points in the afternoon. It rose 372 points or 2.21% for the whole day to 17,201 points. It rose for 3 consecutive trading days and hit a closing high this year; Technology The index rose 124 points or 3.61% to 3,573 points. Main board transaction volume was HK$129.5 billion. 

Geopolitical tensions have cooled down, and the mainland has repeatedly taken measures to support the development of the capital markets in China and Hong Kong. The market sentiment has improved significantly. In addition, many institutional investors have recently increased their holdings of Hong Kong stocks, and investment banks' views on the prospects of Hong Kong stocks have also improved. However, the valuation of Hong Kong stocks is still lagging behind, which is expected to attract renewed capital inflows. It is believed that there is still room for a rebound in the market outlook. In terms of trend, the Hang Seng Index has been trading sideways between 16,000 and 17,000 points for some time. The market has risen above the 17,000 mark with the cooperation of transactions, and the market outlook is improving. If it can hold the 100-day line (16,413) in the event of an adjustment, it can look towards the 250-day line (17,740) level. 

European stock markets came under pressure, with British, French and German stock markets falling 0.06%, 0.17% and 0.27% respectively. 

Although the stock prices of large U.S. companies rose after announcing their results, investors were worried about the deterioration of the geopolitical situation  again. U.S. stocks lacked direction on Wednesday. The Dow Jones Industrial Average opened 49 points higher and then turned negative shortly after, falling 193 points to 38,310 points. It fell 0.46%; after rising 0.91%, the Nasdaq fell 0.4%.

 The U.S. stock market closed, with the three major indexes developing within narrow ranges. The Dow retreated 42 points, or 0.11%, to 38,460 points; the S&P 500 rebounded 1 point, or 0.02%, to 5,071 points; the Nasdaq rebounded 16 points, or 0.1%, to 15,712 points. .

 The US dollar index rose by up to 0.26% to 105.95; the Japanese yen fell below 155 per dollar and once fell 0.34% to a low of 155.37, another 34-year low; Germany's Ifo business confidence index climbed to a one-year high in April, reflecting that the economy is out of trouble , supporting the European Central Bank to cut interest rates, the euro once fell 0.21%, as low as $1.0678.