The Hong Kong stock market is likely to remain in a range

The Hong Kong stock market is likely to remain in a range

(RTTNews) – The Hong Kong stock market has alternated between clear and hurtful closes in the past four trading days since ending a two-day slide that saw it lose more than 55 aspects, or 0.2 percent. The Dangle Seng index is now sitting majestically below the plateau at 19,690 points, although it might well be well higher every other time on Tuesday.

The area forecast for the Asian markets is tiresome as ability stocks are expected to increase the markets. European and American markets were significantly higher and Asian bourses are expected to follow suit.

The Dangle Seng edged modestly lower on Monday after mixed results from cash stocks, property stocks and capacity companies.

During the day, the index lost 71.98 points or 0.36pc to 19,688.29 after trading between 19,627.84 and 19,851.55.

Among actives, Alibaba Crew lost 0.54 percent, while ANTA Sports fell 1.05 percent, China Existence Insurance coverage fell 0.43 percent, China Mengniu Dairy slipped 0.97 percent, China Sources Land fell 1.34 percent, CITIC fell 1.04 percent, CNOOC added 0.63 percent. pc, CSPC Pharmaceutical shed 0.65pc, Galaxy Entertainment fell 0.91pc, Haier Entertaining Dwelling retreated 1.33pc, Dangle Lung Properties jumped 1.17pc, Hong Kong & China Gasoline down by 0.16pc, JD.com up by 1.12pc, Lenovo up by 0.31pc, Li Auto down by 1.77pc, Li Ning gained 0.38pc, Meituan fell 1.95pc, Glossy World Pattern fell 0.40pc, Nongfu Spring fell 3.42pc, Techtronic Industries sank 0, 79pc, Xiaomi Company gained 0.14pc, WuXi Biologics fell 2.35pc and Industrial and Industrial Financial Institution of China, Alibaba Health Details, Henderson Land and ENN Vitality Holdings, were unchanged.

Wall Boulevard management is largely bullish because the dominant averages opened higher on Monday and mostly stayed in that formulation, even as the Dow slipped into the red by the end of the day.

The Dow lost 25.57 points, or 0.06 percent, to 42,706.56, while the NASDAQ added 243.30 points, or 1.24 percent, to end at 19,864.98 and the S&P 500 added 32.91 points. or 0.55 percent on the full value. 5,975.38.

The early rise on Wall Boulevard reflected persistent strength among tech stocks after contract electronics giant Foxconn reported anecdotal fourth-quarter revenue amid solid AI server inquiry.

Early shopping interest has turned into additionally created in response to experience that President-elect Donald Trump would likely also lower his tariff plans.

Crude oil costs failed to help early beneficial properties on Monday, leading to a successful 5-day decline – although the design was changed to limited after top oil exporter Saudi Arabia raised costs for Asian patrons most of the time in three months. West Texas Intermediate crude for February delivery was down $0.46, or 0.5 percent, at $73.50 a barrel.

The views and opinions expressed in this document are those of the author and are no longer necessarily those of Nasdaq, Inc.

Post Comment