Investment 6/1/2025

After the Hang Seng Index opened 85 points higher at 19,708 points, the gain expanded to 268 points, reaching a high of 19,891 points. It rose 136 points or 0.69% for the whole day to 19,760 points; the Technology Index rose 45 points or 1.04% to 4,403 points. Main board transaction volume was HK$160.3 billion.

 The mainland will not introduce more policy responses until Trump officially takes office as President of the United States. It is believed that the market will be quiet in the short term. The Hang Seng Index has been consolidating sideways in the past two months, fluctuating between 19,000 and 21,300 points. It is currently about in the middle of the sideways zone. If the 100-DMA (19,391) falls, it is expected to test the support of the 150-DMA (18,857). Otherwise, if it rises above 20-DMA (19,940) has the opportunity to test the resistance of 21,300 points, but judging from the recent technical indicators, the downward opportunity is greater.

 European stock markets closed on the soft side, with British, French and German stocks falling 0.44%, 1.51% and 0.59% respectively.

 The U.S. ISM manufacturing index rose to 49.3 in December from 48.4 in November, a nine-month high and better than the expected 48.2. U.S. stocks stabilized on Friday. After opening 103 points higher, the Dow Jones Industrial Average rose as much as 390 points to a maximum of 42,782 points. The S&P 500 index reversed its five-day decline and once rose 1.38%. The Nasdaq, which is dominated by technology stocks, once rose 1.86 points. %.

 U.S. stocks closed at 42,732 points, with the Dow Jones Industrial Average rising 339 points or 0.8%; the S&P Index rising 74 points or 1.26% to 5,942 points; and the Nasdaq rising 340 points or 1.77% to 19,621 points. Last week, the Dow retreated 0.6%, the S&P 500 fell 0.48%, and the Nasdaq fell 0.51%.

 The U.S. dollar index fell 0.45% to 108.9 at the end of the period, the euro rose 0.44% to $1.0312, and the yen also rose 0.39% to 156.9 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