Investment 4/5/2026

On the last trading day of April, the Hang Seng Index opened 103 points lower at 26,008, then fell as much as 377 points to 25,734, closing down 335 points or 1.28% at 25,776. The Technology Index fell 38 points or 0.78% to 4,871. Turnover totaled HK$291.5 billion. For the week, the Hang Seng Index fell 201 points or 0.77%; for April, it rose 988 points or 3.98%.


Market concerns about inflation and costs caused by oil prices have eased, and Hong Kong stocks are expected to open higher today, following the trend in overseas markets. If the index can break through the 150-day moving average (25,917) and hold above 26,300, it may test the 27,500 level again. The Hang Seng Index found support at the gap created in early April (25,254 to 25,668). Conversely, if the gap is fully filled, the 25,000 level may need to be retested.


European stocks performed well on Thursday, with the UK, French, and German stocks rising 1.62%, 0.53%, and 1.41%, respectively. Several European markets were closed on Friday, with the UK stock market closing down 0.14%.


Iran reportedly submitted new negotiating proposals to the US through Pakistan. The US president subsequently told Congress that Iran's hostile actions since the ceasefire agreement implemented on April 7 had ended, triggering a sharp international sell-off. US stocks continued their upward trend in early May. Following a nearly 800-point rise on Thursday, the Dow Jones opened 180 points higher on Friday, extending its gains to a maximum of 336 points, reaching a high of 49,988, before ultimately slipping back to close near its intraday low.


U.S. stocks closed lower on Friday. The Dow Jones Industrial Average fell 152 points, or 0.31%, to 49,499; the S&P 500 rose 21 points, or 0.29%, to 7,230; and the Nasdaq Composite jumped 222 points, or 0.89%, to 25,114. For the week, U.S. stocks rose for the fifth consecutive week, marking the longest winning streak since 2024. The Dow rose 0.55% for the week, the S&P 500 rose 0.91%, and the Nasdaq rebounded 1.12%.


The U.S.-Iran ceasefire agreement reduced the safe-haven appeal of the dollar. The U.S. dollar index fell as much as 0.35% to 97.72 before recovering. The Japanese yen rose as much as 0.7% to 155.5 against the dollar, and the euro rose as much as 0.46% to $1.1788 before both currencies weakened. Bitcoin rose as much as 3.22% to $78,925.

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Investment 24/4/2026

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Investment 27/4/2026

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