Investment 24/9/2025
The Hang Seng Index opened 91 points higher at 26,435 before fluctuating lower, falling 340 points to 26,003. The index ended the day down 185 points, or 0.7%, at 26,159. The Tech Index fell 90 points, or 1.45%, to 6,167. Main Board turnover was HK$294.5 billion.
Hong Kong stocks retreated from their highs after breaking through 27,000 last week. Amid the threat of a super typhoon, the market is expected to remain subdued in the short term. With no favorable policies currently being introduced for the mainland economy, the Hang Seng Index is likely to continue its near-term correction. If it loses support at the 20-DMA (25,892), selling could intensify, prompting a reduction in holdings. However, if it can hold above 26,000, the market may still test the 27,000 resistance level.
European stock markets closed mixed, with French and German stocks rising 0.54% and 0.36%, respectively, while British stocks fell 0.04%.
US stocks rose before retreating on Tuesday. The Dow Jones Industrial Average rose 332 points to a record high of 46,714. The S&P 500 also broke its peak, rising 0.07% to 6,699. However, the tech-heavy Nasdaq Composite Index fell as much as 1.1%.
At the close of trading, the Dow Jones Industrial Average fell 88 points to 46,292; the S&P 500 slipped 36 points, or 0.55%, to 6,656; and the Nasdaq fell 215 points, or 0.95%, to 22,573.
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