Investment 11/12/2024

The Mainland has relaxed its monetary policy tone after 14 years. The Hang Seng Index opened 655 points higher at 21,070 points. All Hang Seng Index bear contracts with call prices between 20,400 and 21,000 points were forcibly withdrawn. After the "bear slaughter", Hong Kong stocks gradually turned lower.  The Hang Seng Index once fell 105 points to a low of 20,308 points in late trading. It fell 102 points, or 0.5%, to 20,311 points throughout the day, ending its two-day rally. The Technology Index fell 64 points, or 1.39%, to 4,591 points.  Main board transaction volume was HK$247.5 billion.


 The mainland has a positive attitude towards supporting the economy, but the relevant rhetoric is only directional and the actual results remain to be seen.  The market still has room for speculation in the short term, but whether the Hang Seng Index's 50-DMA (20,373) can stabilize is critical.  If details of incremental measures are released at the Central Economic Work Conference of the State Council this week, it is not impossible for the Hang Seng Index to reach 23,200 points in the market outlook.


 European stock markets came under pressure, with British and French stocks closing down 0.86% and 1.14% respectively, and German stocks falling 0.08%.  Japan's Nikkei closed up 0.53%.


 Alphabet said it had made a breakthrough in quantum computer technology, sending its stock price up 5.6%.  The performance of large technology company stocks once provided support to U.S. stocks, and the three major indexes performed repeatedly on Tuesday.  After opening 110 points lower, the Dow once rose 68 points, reaching a high of 44,470 points, and then fell by up to 215 points, reaching a low of 44,186 points; the S&P 500 once rose 0.21%; the Nasdaq once rose 0.76%, reaching a peak of 19,887 points. .  The three major indexes eventually retreated modestly.


 At the close of U.S. stocks, the Dow Jones Industrial Average fell 154 points, or 0.35%, to 44,247 points; the S&P Index fell 17 points, or 0.3%, to 6,034 points; and the Nasdaq dropped 49 points, or 0.25%, to 19,687 points.


 The U.S. dollar index rose by up to 0.46% to 106.64; the Euro fell by 0.52% to $1.0499; the Japanese yen fell by up to 0.64% to 152.18 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