Investment 2/10/2025

Hong Kong stocks closed strong on the final trading day of the third quarter. The Hang Seng Index opened 51 points higher at 26,674, then dipped 64 points to a low of 26,558 before regaining momentum in the afternoon, finishing the day up 232 points, or 0.87%, at 26,855. The Tech Index rose 141 points, or 2.24%, to 6,465. Main Board turnover reached HK$314.9 billion.

The Hang Seng Index surged 1,777 points, or 7.09%, in September, its largest monthly gain since February this year and extending its five-month winning streak to its longest since February 2021. The Hang Seng Index rose 2,783 points, or 11.56%, in the third quarter, marking its third consecutive quarter of gains.

Due to the long mainland holiday, northbound capital inflows were halted,
resulting in a relatively quiet market. The Hang Seng Index is expected to consolidate between 26,000 and 27,000 points. A break above 27,000 in the short term is unlikely. Investors with existing stocks should continue to hold, while those without should avoid rushing into the market.

European stock markets performed well, with UK, French, and German stocks rising 1.03%, 0.9%, and 0.98%, respectively.

Despite the US government shutdown, US stocks rebounded on Wednesday (October 1st). The Dow and S&P 500 both hit record closing highs, with the S&P 500 breaking above 67,000 for the first time and also breaking through that high during the session. The Dow opened 31 points lower, then fell as much as 121 points, hitting a low of 46,276. The S&P 500 retreated 0.48% before surging 0.45% to a high of 6,718. The Nasdaq Composite Index fell as much as 0.63%.

At the close of U.S. stock markets, the Dow Jones Industrial Average rose 43 points, or 0.09%, to 46,441; the S&P 500 rose 22 points, or 0.34%, to 6,711; and the Nasdaq Composite rose 95 points, or 0.42%, to 22,755.

The U.S. dollar index fell 0.33% to 97.46; the Japanese yen rose 0.89% to 146.59 per dollar. Eurozone inflation accelerated to 2.2% in September, in line with expectations, sending the euro up 0.39% to $1.1791. Bitcoin rose as much as 3.7% to $118,009.

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