Investment 2/6/2026

Hong Kong stocks traded volatilely on the first trading day of June. The Hang Seng Index opened 2 points higher at 25,180, rising as much as 304 points to 25,486, before closing up 215 points or 0.85% at 25,398. The Technology Index rose 80 points or 1.65% to 4,964. Turnover totaled HK$330.9 billion.


Unless the Hang Seng Index returns above its 250-day moving average (25,665), its weak trend is unlikely to change. However, as the investigation into cross-border online brokerages gradually subsides, and given the market's recent lows, there is still a chance for the Hang Seng Index to slowly recover from its low of 24,727, potentially reaching 25,400 to 25,800 points in the future.


European stock markets were weak, with the UK, French, and German stock markets falling 0.68%, 0.45%, and 0.4% respectively.


The stalled peace talks between the US and Iran spurred a surge in oil prices, and US stocks rebounded on the first trading day of June, with all three major indexes hitting record intraday and closing highs. The Dow Jones Industrial Average opened 128 points higher at 51,161, before falling as much as 265 points to 50,767; the S&P 500 rose as much as 0.5% to 7,617; and the tech-heavy Nasdaq Composite rebounded as much as 0.81%, reaching a high of 27,190.


At the close, the Dow Jones Industrial Average rose 46 points, or 0.09%, to 51,078; the S&P 500 gained 19 points, or 0.26%, to 7,599; and the Nasdaq Composite climbed 114 points, or 0.42%, to 27,086.


The US dollar index rose as much as 0.45% to 99.385; the Japanese yen fell 0.31% to a low of 159.76 per dollar; the euro fell 0.45% to $1.1607. Bitcoin dropped as much as 4.7% to $70,599.

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Investment 24/4/2026

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