Investment 17/3/2026

The Hang Seng Index opened 29 points lower at 25,436, then fell as much as 147 points to a low of 25,317 before recovering somewhat. It rose as much as 391 points in the afternoon to reach 25,856, closing up 368 points or 1.44% at 25,834. The Technology Index rose 133 points or 2.68% to 5,111. Main board turnover was HK$264.4 billion.

Hong Kong stocks are expected to continue their upward trend today, with the Hang Seng Index potentially surpassing the 100-day moving average (26,240). This week, the market is focused on numerous factors, including the earnings reports of major blue-chip companies such as Tencent Holdings and Alibaba, interest rate decisions by several central banks globally, and the potential worsening of the US private lending crisis. The uncertainty surrounding the meeting between the Chinese and US leaders also contributes to the continued range-bound trading pattern in Hong Kong stocks.

European stock markets rose across the board, with the UK, French, and German indices rising 0.55%, 0.31%, and 0.5% respectively.

International oil prices have fallen sharply from their highs, and with Wall Street banks issuing bullish forecasts, Morgan Stanley strategist Wilson remains optimistic about US stocks over the next 6 to 12 months. He predicts the S&P 500 will reach 7,800 points by the end of the year, representing an upside of approximately 18% from last Friday's close, while Goldman Sachs' Snyder targets 7,600 points. US stocks rebounded significantly on Monday, with the Dow Jones Industrial Average opening 148 points higher and then extending its gains to as much as 617 points, reaching a high of 47,176 points. The S&P 500 rose as much as 1.47%, and the Nasdaq Composite climbed as much as 1.88%.

At the close of trading in the US, the Dow Jones Industrial Average rose 387 points, or 0.83%, to 46,946 points; the S&P 500 rose 67 points, or 1.01%, to 6,699 points; and the Nasdaq Composite rose 268 points, or 1.22%, to 22,374 points.

The US dollar index fell as much as 0.7% to 99.66, while the euro rose 0.95% to $1.1528 and the yen gained 0.56% to 158.85 against the dollar. Bitcoin surged as much as 3.86% to a six-week high of $74,512. Spot gold prices rose as much as 0.37% to a high of $5,037.8 per ounce before retreating to $4,968.09.

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