Investment 30/12/2025

Hong Kong stocks resumed trading after the holiday, rising initially before retreating. The Hang Seng Index opened 109 points higher, or 0.43%, rising as much as 264 points to a high of 26,082, but then fell in the afternoon, closing at 25,635, down 183 points or 0.71%. The Technology Index fell 16 points, or 0.3%, to 5,483. Total market turnover was HK$224.5 billion.


Yesterday, the Hang Seng Index failed to hold the 26,000 level, closing below the 10-day, 20-day, 50-day, and 100-day moving averages. The very short-term rebound from the low on October 16th is likely over, and the market needs to consolidate at lower levels before determining its next direction. It is expected to break below the 150-day moving average (25,340) and test the support level of 25,145, the low in mid-October. Looking ahead to next year, the overall market outlook is cautiously optimistic. Hong Kong stocks are expected to benefit from the positive performance of the mainland stock market, and investors can gradually increase their holdings of spot stocks for profit. 


European stock markets reopened after a holiday, with the UK pound down slightly by 0.04%, while French and German stocks rose 0.1% and 0.05% respectively.


US stocks were weak on Monday, with the Dow Jones Industrial Average opening 74 points lower and then extending its losses to as much as 320 points, reaching a low of 48,390. The S&P 500 fell as much as 0.59%, and the Nasdaq Composite dropped as much as 0.83%.


At the close, the Dow Jones Industrial Average fell 249 points, or 0.51%, to 48,461; the S&P 500 fell 24 points, or 0.35%, to 6,905; and the Nasdaq Composite dropped 118 points, or 0.5%, to 23,474.


The US dollar index rose as much as 0.16% to 98.18, while the euro fell 0.19% to $1.175. The Japanese yen rose as much as 0.42% to 155.92 against the US dollar. Bitcoin briefly climbed back above $90,000, surging 3.18% to a high of $90,301, but then wiped out all gains.

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