Investment 4/11/2025

The Hang Seng Index opened 92 points higher at 25,999, and rose as much as 310 points in the afternoon to a high of 26,217, closing up 251 points or 0.97% at 26,158, breaking a three-day losing streak. The Technology Index rose 14 points or 0.24% to 5,922. Turnover on the main board was HK$228.6 billion.


Although the Hang Seng Index closed with bearish candles for all five trading days last week, leading most investors to be cautious about the Hong Kong stock market, yesterday's first trading day in November was a positive one. The Hang Seng Index broke through 26,000 points and recovered both the 10-day and 50-day moving averages. The only drawback was that the 20-DMA (26,164) was lost at the close. Technically, yesterday's rebound was less than Friday's decline, and the market must return above the Friday's opening high of 26,263 to reverse the weakness. The Hang Seng Index is expected to continue fluctuating between 25,500 and 26,500 points. Lacking new speculative themes, high-dividend stocks are likely to attract capital and outperform the market.


European stock markets performed mixed, with UK and French stocks falling slightly by 0.16% and 0.14% respectively, while German stocks rose by 0.73%.


US stocks traded mixed on the first trading day of November. The Dow Jones Industrial Average opened 134 points higher, reaching a high of 47,483 points before turning downwards, falling as much as 426 points to 47,135 points; the S&P 500 rose as much as 0.62%, and the Nasdaq Composite rose as much as 1.06%.


At the close of trading, the Dow Jones Industrial Average was at 47,336 points, down 226 points or 0.48%; the S&P 500 rose 17 points or 0.17% to 6,851 points; and the Nasdaq Composite rose 109 points or 0.46% to 23,834 points.


The US dollar index rose as much as 0.19% to 99.99, the euro fell 0.27% to $1.1506, and the yen also fell 0.2% to 154.3 against the dollar. Bitcoin plunged as much as 4.1% to $105,536.

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