Investment 26/5/2025

The Hang Seng Index opened 13 points higher at 23,557 points, and then struggled between bulls and bears. It rose 205 points to 23,749 points at one point, and then fell 56 points to 23,487 points. It closed up 56 points or 0.24% at 23,601 points for the day. The Technology Index fell 4 points or 0.09% to 5,246 points. The Main Board's turnover was HK$203.6 billion.


For the whole week, the Hang Seng Index rose 256 points or 1.09%.


The U.S. stock market has faced unfavorable factors recently, including the downgrade of the U.S. sovereign debt rating, high debt interest rates, and less room for interest rate cuts. However, the adjustment pressure is not great, and the U.S. stock market is expected to consolidate at a high level for the time being. There has been no significant inflow of northbound funds, and corporate performance has been disappointing. The Hang Seng Index has been mainly supported by heavyweight stocks such as HSBC recently. However, related stocks have risen to recent highs. It is expected that the market will be mainly up and down in the future. There is support at the 23,000 mark, but it will not be easy to break through the mid-March high of 24,874 points. Funds are expected to remain in individual stocks for speculation, not for the market.


European stocks fell across the board, with UK, French and German stocks falling 0.24%, 1.65% and 1.54% respectively.


U.S. President Trump launched a new trade war offensive, proposing a 50% tariff on the European Union starting June 1, and threatening Apple that it will face at least 25% tariffs if it does not move iPhone production to the United States. The news dragged down U.S. stocks on Friday (23rd). The Dow Jones Industrial Average opened 333 points lower and then widened its decline to 505 points, hitting a low of 41,354. The S&P 500 fell 1.28%, and the Nasdaq, which is dominated by technology stocks, fell as much as 1.72%.


At the close of U.S. stocks, the Dow Jones Industrial Average was at 41,603, down 256 points, or 0.61%; the S&P 500 fell 39 points, or 0.67%, to 5,802; and the Nasdaq fell 188 points, or 1%, to 18,737.


Monday (26th) is Memorial Day in the United States, and U.S. stocks are closed due to a public holiday.


The U.S. dollar index fell 0.91% to 99.05, while the euro rose 0.85% to $1.1376. Money markets showed that the European Central Bank will cut interest rates by another 0.65 percentage points this year, which means three rate cuts; the yen rose 1.1% to 142.43 per dollar. Bitcoin once slid 3.36% to $107,356.

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