Investment 25/3/2025

Hong Kong stocks ended last week's two-day decline.  The Hang Seng Index opened 59 points higher at 23,749 points, then fell 158 points to 23,531 points. The trend improved in the afternoon, rising 277 points to 23,967 points. It closed up 215 points or 0.91% at 23,905 points for the day. The Technology Index rose 97 points or 1.72% to 5,736 points.  The main board traded HK$233.1 billion.


 The Hong Kong stock market adjusted significantly last week and showed signs of weakening.  Fortunately, the Hang Seng Index regained the important support of the 20-DMA (23,784) that it had lost yesterday. The market is expected to resume its upward trend and challenge the new high of 24,874 points this year set last week, but the 25,000 mark is not easy to resist.


 European stock markets fell across the board, with British and German stocks both closing down about 0.1% and French stocks down 0.26%.


 Concerns about the United States imposing import tariffs eased slightly, and with the stock prices of large technology companies performing well, U.S. stocks soared on Monday. The Dow Jones Industrial Average opened 194 points higher and then expanded its gains to as much as 653 points, reaching a high of 42,638. The S&P 500 rose 1.9%, and the Nasdaq, which is dominated by technology stocks, rose 2.4% at one point.


 At the close of U.S. stocks, the Dow Jones Industrial Average still rose 597 points, or 1.42%, to 42,583 points; the S&P 500 rose 100 points, or 1.76%, to 5,767 points; and the Nasdaq rose 404 points, or 2.27%, to 18,188 points.


 The U.S. dollar index rose as much as 0.34% to 104.44, the euro fell 0.36% to $1.0783; the yen fell 0.97% to 150.76 per dollar.  Bitcoin rebounded as much as 4.3% to $88,785.

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Investment 24/4/2026

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