Investment 18/11/2025

The Hang Seng Index opened 130 points lower at 26,441, then fell as much as 320 points to 26,252, closing down 188 points or 0.7% at 26,384. The Technology Index fell 55 points or 0.96% to 5,756. Main board turnover was HK$217.6 billion.


As expected, Hong Kong stocks fell yesterday, with the Hang Seng Index closing above its 50-DMA (26,284). The Hang Seng Index was briefly pushed down to 26,252 by large short sellers, below the Bollinger Band middle line on the daily chart; fortunately, the market stabilized in the middle of the afternoon session. It is anticipated that the Hang Seng Index may not be able to hold its 50-DMA today, and may test the 100-DMA (25,583) for support. The performance of mainland Chinese stocks and corporate earnings will directly affect the Hong Kong stock market, especially high-dividend and technology stocks.


European stocks fell across the board, with British, French, and German stocks declining by 0.24%, 0.63%, and 1.2% respectively. U.S. stocks fluctuated sharply on Monday as markets awaited Nvidia's earnings report on Wednesday and the release of the October U.S. jobs report this week. The Dow Jones Industrial Average opened 79 points lower, then rose as much as 55 points to a high of 47,202 before widening its losses to a low of 46,430, a drop of as much as 717 points. The S&P 500 fell as much as 1.41%, while the tech-heavy Nasdaq Composite dropped as much as 1.49%.


At the close, the Dow Jones Industrial Average was at 46,590, down 557 points or 1.18%; the S&P 500 fell 61 points or 0.92% to 6,672; and the Nasdaq Composite declined 192 points or 0.84% ​​to 22,708. Both the Dow Jones and Nasdaq Composite fell below their 50-day moving averages.


The U.S. dollar index rose as much as 0.3% to 99.6, while the euro fell 0.34% to $1.1582. The yen fell 0.49% to 155.31 against the dollar. Bitcoin plunged as much as 4.8% to $91,464.


China's tomato processing volume this year will be reduced by more than half, estimated at only 3.7 million tons. China's tomato paste processing volume in 2024 is projected to be 11 million tons.

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Investment 24/4/2026

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