Investment 6/3/2026

Hong Kong stocks fluctuated amid uncertainty surrounding the Middle East situation. The Hang Seng Index opened 334 points higher at 25,583, rising as much as 487 points to 25,736, but then fell 12 points in the afternoon to a low of 25,236, managing to close at 25,321, a gain of 71 points or 0.28%, ending a three-day losing streak. The Technology Index fell 33 points or 0.68% to 4,796. Main board turnover was HK$321.8 billion.


As signs of deterioration emerged in the Middle East, oil prices hovered at high levels without further sharp increases, easing market concerns about central banks pausing interest rate cuts. With market panic gradually subsiding, although a return to 27,000 points remains challenging in the short term, strong support exists below 25,000 points, suggesting a potential rebound to the 26,000 level.


European stocks softened, with British, French, and German stocks falling 1.45%, 1.49%, and 1.61%, respectively.


Continued concerns about Middle Eastern oil supply, coupled with four consecutive days of rising US Treasury yields, put pressure on US stocks on Thursday. The Dow Jones Industrial Average opened 212 points lower and then extended its losses to a maximum of 1,162 points, reaching a low of 47,577. The S&P 500 fell as much as 1.44%, while the tech-heavy Nasdaq Composite fluctuated and fell as much as 1.35%, before recovering most of its losses by the close.


At the close, the Dow Jones Industrial Average fell 784 points, or 0.15%, to 47,954; the S&P 500 declined 38 points, or 0.56%, to 6,830; and the Nasdaq Composite dropped 50 points, or 0.26%, to 22,748.


The US dollar index rose as much as 0.65% to 99.41; the euro fell 0.65% to $1.156; and the yen dropped 0.5% to 157.86 per dollar. Bitcoin retreated as much as 3.94% to $70,654. Spot gold rose as much as 1.06% before falling as much as 1.75% to $5,051.14 per ounce.

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Investment 24/4/2026

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