Investment 21/4/2026

The market focused on developments in the US-Iran situation. The Hang Seng Index opened 44 points higher at 26,204, then fell as much as 65 points to a low of 26,094 before regaining its upward momentum, rising as much as 251 points to a high of 26,411, closing up 200 points or 0.76% at 26,361. The Technology Index rose 22 points or 0.45% to 5,065. Total market turnover was HK$241.4 billion.


Yesterday's rebound in Hong Kong stocks suggests that if there is a correction, the 150-day moving average (26,016) will be a key support level for the Hang Seng Index. The Iranian theocratic regime's stance on opening or closing the Strait of Hormuz remains uncertain. Oil prices are a direct indicator of the Middle East situation. If oil prices can remain in the US$80-85 range this week, the Hang Seng Index could challenge the 27,000 mark and then test the 27,500 mark; if oil prices rebound to US$95, it may need to test the 25,500 mark. 


European stocks retreated across the board, with British, French, and German stocks falling 0.55%, 1.12%, and 1.15% respectively.


Tensions in the Middle East escalated again, with oil futures trading between $90 and $95 per barrel. US stocks fluctuated on Monday, with the Dow Jones Industrial Average opening 25 points lower and then extending its losses to as much as 201 points, hitting a low of 49,245; the S&P 500 fell as much as 0.58%, and the Nasdaq Composite dropped as much as 1.01%.


At the close, the Dow Jones Industrial Average fell 4 points, or 0.008%, to 49,442; the S&P 500 fell 16 points, or 0.24%, to 7,109; and the Nasdaq Composite fell 64 points, or 0.26%, to 24,404.


The US dollar index rose as much as 0.31% to 98.4, the yen fell 0.35% to 159.2 per dollar, and the euro fluctuated, rising 0.23% to $1.1793. Bitcoin rose as much as 3.8% to $76,575.

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