Investment 13/12/2024

After the Hang Seng Index opened 92 points lower at 20,334 points, it once rose 90 points to 20,517 points, and then came under pressure again. It fell below the 20,000-point mark in the afternoon and once fell 665 points to 19,761 points. It fell 580 points or 2.84% for the whole day. 19,846 points; the technology index fell 194 points or 4.18% to 4,456 points.  Main board transaction volume was HK$234.2 billion.


 Hong Kong stocks fell for the third consecutive trading day. Yesterday, the decline intensified after fully covering the upward gap on September 27 (19,954 to 20,268). In the short term, it depends on whether the 50-DMA (19,735) can provide support.  The scale and details of the mainland's bailout plan disappointed the market. The Hang Seng Index fell below the 20,000 mark. The market outlook is expected to fluctuate between 19,735 and 20,000 points.


 European stock markets were soft, with British, French and German stocks closing down 1.22%, 2.69% and 2.13% respectively.


 Before the U.S. released October inflation data on Wednesday, bond interest rates continued to rise, and U.S. stocks, which had been rising for several days, consolidated. After the Dow opened 66 points higher on Tuesday, the gain expanded to 112 points, reaching a high of 44,405 points, but then turned around and fell 405 points. , as low as 43,887 points; the S&P 500 index once fell by 0.69%; the Nasdaq, which is dominated by technology stocks, fell by 0.67%.



 At the close of U.S. stocks, the Dow Jones Industrial Average fell 382 points, or 0.86%, to 43,910 points; the S&P 500 dropped 17 points, or 0.29%, its first fall after the election, to 5,983 points; and the Nasdaq Composite fell 17 points, or 0.09%, to 19,281 points.


 The U.S. dollar index continued to rise by 0.6% to 106.18; the euro fell by up to 0.57% to a low since April of $1.0595; the yen also fell by 0.78% to 154.92 per dollar.


 Bitcoin once broke through the US$90,000 mark and reached a new high of US$90,036, an increase of more than 5%.

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Investment 24/4/2026

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