Investment 27/4/2026

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 27,500 level again.

European stock markets were generally under pressure. British and French stocks closed down 0.75% and 0.84% ​​respectively; German stocks rose slightly by 0.05% at one point, but closed down 0.11%.

Intel's positive earnings outlook for this quarter boosted technology stocks, and market hopes that a new round of negotiations between the US and Iran could break the deadlock led to a 1.51% decline in New York crude oil futures, closing at $94.4 per barrel, while Brent crude oil futures stabilized. U.S. stocks, including the S&P 500 and Nasdaq Composite, both hit record intraday and closing highs on Friday. The Dow Jones Industrial Average opened slightly higher by 9 points but then fell as much as 224 points to a low of 49,085. The S&P 500 rose as much as 0.85% to 7,168, while the tech-heavy Nasdaq Composite climbed as much as 1.7% to 24,854.

At the close, the Dow Jones Industrial Average fell 79 points, or 0.16%, to 49,230; the S&P 500 rose 56 points, or 0.8%, to 7,165; and the Nasdaq Composite gained 398 points, or 1.63%, to 24,836. For the week, the Dow Jones Industrial Average retreated 0.4%, the S&P 500 rose 0.6%, and the Nasdaq Composite gained 1.5%.

The U.S. dollar index fell as much as 0.27% to 98.5, while the euro rose 0.33% to $1.1724, and the yen rose 0.26% to 159.31 against the dollar. Bitcoin fell as much as 1.5% to $77,396.