Investment 9/5/2025

The US Federal Reserve kept interest rates unchanged. The Hang Seng Index opened 102 points lower at 22,589 points, then gradually recovered lost ground and turned upward. It once rose 287 points to 22,979 points, and then the increase narrowed. It rose 84 points or 0.37% to 22,775 points for the whole day, rising for 6 consecutive trading days; the Technology Index rose 28 points or 0.55% to 5,228 points. The Main Board's turnover was HK$185.8 billion.

Daiwa Securities said that while uncertainty over U.S. trade policy remains, global investors appear to be pricing in possible concessions from U.S. President Trump on his reciprocal tariff policy, and most stock markets in the Asia-Pacific region have fully recovered their losses since April. The bank said that the Hang Seng Index is now close to its mid-year target of 22,770 points, equivalent to a forecast price-earnings ratio of 10.8 times and an 8.5% increase in corporate profits. It also forecast a target of 24,000 points by the end of this year, equivalent to a forecast price-earnings ratio of 10.5 times and a 7.5% increase in corporate profits.

European stock markets developed differently, with French and German stocks closing up 0.89% and 1.02% respectively, while British stocks fell 0.32%.

The trade agreement reached between the United States and the United Kingdom has given the market hope that the trade negotiations between the United States and other countries will make progress. U.S. stocks rose sharply on Thursday. The Dow Jones Industrial Average opened 198 points higher and then expanded its gain to 659 points, reaching a high of 41,773 points. The gain narrowed significantly afterwards. The S&P 500 rose 1.58% at one point, and the Nasdaq, which is dominated by technology stocks, rose 2.02%.

At the close of U.S. stocks, the Dow Jones Industrial Average rose 254 points, or 0.62%, to 41,368 points; the S&P 500 rose 32 points, 0.58%, to 5,663 points; and the Nasdaq rose 189 points, 1.07%, to 17,928 points.

The U.S. dollar index rose 1.15% to 100.76 at one point, the euro fell 0.81% to 1.1212 yuan, and the yen fell 1.65% to 146.19 per dollar. Bitcoin broke through $100,000 for the first time since February, rising 5.12% to $101,759 in the final trading.

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