Investment 13/5/2026

The Hang Seng Index opened 90 points higher at 26,497, then rose as much as 185 points to a high of 26,592 before fluctuating and falling back to close 58 points, or 0.22%, at 26,347. The Technology Index fell 35 points, or 0.7%, to 5,070. Total market turnover was HK$262.6 billion.


Trading in Hong Kong stocks contracted as most investors remained on the sidelines awaiting the outcome of the meeting between the leaders of China and the United States. Yesterday's market opened higher but then fell, a bearish factor. The Hang Seng Index should hold firm on the support level of 26,219 on Monday, while the resistance level of 26,669 reached last Thursday (7th) presents significant resistance. In the short term, it is likely to remain within the 26,000 to 27,000 point range.


European stock markets were under pressure, with the UK, French, and German indices falling 0.04%, 0.95%, and 1.62%, respectively.


A major hedge fund warned of a potential tech stock sell-off, coupled with escalating US inflation, causing both the S&P 500 and Nasdaq Composite to retreat from record highs on Tuesday. The Dow Jones Industrial Average opened 35 points higher but then plunged as much as 396 points to a low of 49,307, before recovering to rise as much as 119 points. The S&P 500 fell as much as 1%, while the tech-heavy Nasdaq Composite dropped as much as 2.04%.


At the close, the Dow Jones Industrial Average rose 56 points, or 0.11%, to 49,760; the S&P 500 fell 11 points, or 0.16%, to 7,400; and the Nasdaq Composite declined 185 points, or 0.71%, to 26,088.


A senior strategist stated that strong first-quarter earnings from US companies give him confidence that the S&P 500 will surpass 8,000 by the end of the year, raising his target from 7,700 to 8,250, representing an upside of over 11% from Monday. He also raised his earnings forecasts for the S&P 500 for this year and next. 


The US dollar index rose as much as 0.51% to 98.46, the euro fell 0.53% to $1.1723, and the yen fluctuated, declining 0.36% to 157.75 against the dollar. Bitcoin retreated as much as 2.55% to $79,832.

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