Investment 7/7/2026

The Hang Seng Index opened 54 points higher at 23,404, then briefly fell 120 points to 23,229 before regaining its upward momentum, rising as much as 336 points to 23,686. It closed the day up 266 points, or 1.14%, at 23,616. The Tech Index rose 42 points, or 0.93%, to 4,541. Total market turnover was HK$314.7 billion.


Hong Kong stocks have risen for three consecutive trading days, accumulating a gain of 735 points. The Hang Seng Index recently found key support at 22,518 and has now broken through the 10-day moving average (23,219). The market is experiencing an oversold rebound and is expected to challenge the downward-moving 20-day moving average (23,866), but further upward movement requires a firm hold above 24,200.


European stock markets were mixed, with British and French stocks falling 0.26% and 0.33% respectively, while German stocks rose 0.15%.


U.S. stocks reopened on Monday after a holiday, with a rebound in technology stocks driving the market higher. The Dow Jones Industrial Average hit record intraday and closing highs, closing above 53,000 points for the first time. After opening 71 points lower, the Dow Jones fluctuated, falling as much as 251 points to a low of 52,648, before recovering slightly to rise 160 points to 53,060. The tech-heavy Nasdaq Composite Index rose as much as 1.46%.


At the close, the Dow Jones Industrial Average rebounded 155 points, or 0.29%, to 53,055; the S&P 500 rose 54 points, or 0.72%, to 7,537; and the Nasdaq Composite gained 288 points, or 1.12%, to 26,121.


The U.S. dollar index rose as much as 0.29% to 101.15, while the euro fell 0.24% to $1.1409. Goldman Sachs lowered its yen forecast, and the yen fell 0.68% to 162.43 against the dollar. Bitcoin rose as much as 4.3% to $63,935. Spot gold prices retreated as much as 1.13%, hitting a low of $4,128.55 per ounce.

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Investment 24/4/2026

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