Investment 30/9/2025

Hong Kong stock index futures settled. The Hang Seng Index opened 193 points higher at 26,321 and continued its upward trend, rising 559 points in the afternoon to a high of 26,687. The index rose 494 points, or 1.89%, to 26,622 for the day. The Tech Index rose 129 points, or 2.08%, to 6,324. Mainboard turnover reached HK$309 billion.


With the mainland holiday approaching and northbound capital outflows expected to be suspended, market sentiment is cautious. Short-term support for the Hang Seng Index lies at its 20-DMA (26,135). If it falls below this level, it could test its 50-DMA (25,578). It is believed that after market consolidation, the index is still expected to challenge above 27,000 points this year. For stocks, keep an eye on large-cap technology stocks, AI-related stocks, and robotics stocks.


European stock markets lacked direction, with UK and French stocks rising 0.16% and 0.13%, respectively. German stocks fell 0.31% before closing up 0.02%.


The market is awaiting US employment data later this week to assess the prospects for a Federal Reserve rate cut. US stocks rallied on Monday, with the Dow Jones Industrial Average opening 59 points higher and extending its gains to 139 points, reaching a high of 46,387, before stabilizing. The S&P 500 rose as much as 0.51%, while the Nasdaq Composite rose 0.98%.


At the close of US markets, the Dow Jones Industrial Average rebounded 68 points, or 0.15%, to 46,316; the S&P 500 rose 17 points, or 0.26%, to 6,661; and the Nasdaq rose 107 points, or 0.48%, to 22,591.


The US dollar index briefly fell 0.39% to 97.77, while the euro rose 0.44% to $1.1755. Dovish Bank of Japan official Asahi Noguchi hinted at possible support for an interest rate hike, sending the yen 0.68% higher to 148.47 per dollar. Bitcoin rose 3.37% to $114,443.

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Investment 24/4/2026

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