^HSI - HANG SENG INDEX
| Previous close | 26,103.34 |
| Open | 26,041.56 |
| Volume | 0 |
| Day's range | 25,850.04 - 26,197.31 |
| 52-week range | 24,540.63 - 33,484.08 |
| Avg. volume | 1,859,929,400 |
- Financial Times•2 hours ago
[$$] Sterling holds its nerve as markets track Brexit drama
Friday 08.00 GMT Sterling held steady after its near-2 per cent fall over the previous session, but with investors braced for further Brexit drama in Westminster, there were expectations for more volatility. ...
- Financial Times•7 hours ago
[$$] Asia-Pacific stocks drop as trade truce optimism fades
Asia-Pacific equities dipped on Friday as optimism over negotiations between the US and China on trade that helped drive Wall Street higher failed to light up stocks in the region. US stocks had a weak ...
- Bloomberg•13 hours ago
U.S. Stocks Halt Five-Day Skid; Brexit Roils Pound: Markets Wrap
The pound plunged as Brexit again threw the U.K. government into turmoil. Trade-sensitive industrial shares led the S&P 500 Index higher in afternoon trading amid hope that China and the U.S. would de-escalate their trade spat before the G20 summit later this month, even as the threat of new tariffs looms. For all the worries assailing investors -- Brexit, the trade dispute and Italian budget stress -- they are at least receiving a steady message from the U.S. central bank.
- Financial Times•22 hours ago
[$$] Hong Kong's sudden equity collapse syndrome strikes again
There are drawdowns, and then there are Hong Kong drawdowns. A few months ago we noted an unusual pattern in stocks listed on the region's Hang Seng index — when they fall, they tend to fall a lot. The first to be taken ill was Beijing Blue Sky Gas Holdings, which started the day at $751m but right from the off looked sick.
- Financial Times•yesterday
[$$] Asia-Pacific stocks dip following falls on Wall Street
Equities benchmarks were broadly lower on Thursday following the sixth straight drop on Wall Street for the S&P 500, which closed out the Wednesday session 0.8 per cent lower. Tokyo’s Topix fell 0.6 per ...
- FX Empire•yesterday
Employment Figures Give the AUD a Boost, with Brexit and Italy Still in Focus
The Aussie Dollar rallies early on better than expected employment numbers, with UK and Retail sales, Brexit and Italy to keep an eye on.
- Bloomberg•2 days ago
U.S. Stocks Fall as Trade, Growth Angst Resurfaces: Markets Wrap
The S&P 500 Index slumped to the lowest in two weeks after a key Democrat raised questions about the revamped Nafta deal and selling in Apple Inc. rekindled worry that megacap tech earnings have peaked. An afternoon respite from the selling sparked by U.K. Prime Minister Theresa May clinching a Brexit deal with her cabinet gave way to a tumble into the close. Treasuries rose with gold as investors sought out havens ahead of comments from Federal Reserve Chairman Jerome Powell at 6 p.m. New York time.
- Financial Times•2 days ago
[$$] US stocks stay under pressure despite oil rebound
Wall Street found some support from gains in the energy sector, as oil prices recouped some of the previous day’s steep losses. Apple came under renewed pressure from persistent concern that demand for iPhones might have peaked.
- Financial Times•2 days ago
[$$] Fast Europe Open: Germany GDP, UK CPI
of her premiership on Wednesday as she challenges her divided cabinet to back a draft Brexit treaty and attempts to face down Conservative Eurosceptics. Mrs May now has to sell it to her cabinet and parliament.
- Financial Times•2 days ago
[$$] Asia stocks fall on lower oil prices, pound edges higher
Oil prices were more stable on Wednesday in Asia but the previous session’s sharp fall on demand concerns weighed on energy stocks in the region while the pound climbed ahead of a cabinet meeting to agree the draft Brexit treaty. Falls for energy stocks were a uniting factor for Asia-Pacific equities on Wednesday following sharp 7 per cent falls for oil overnight, with Brent crude down just 0.1 per cent on the day at $65.39 a barrel. In Hong Kong, the Hang Seng index dipped 0.5 per cent, pulled lower by a 3.1 per cent fall for energy stocks as Chinese oil producers CNOOC and PetroChina were among the day’s worst performers, falling 4.5 per cent and 3.2 per cent respectively.
- Bloomberg•3 days ago
U.S. Stocks Sputter as Crude Slumps; Pound Surges: Markets Wrap
The S&P 500 ended Tuesday well off the day’s highs as West Texas crude hit a nine-month low, falling the most since 2011, after U.S. President Donald Trump criticized Saudi Arabia’s plan to cut output. The Dow Jones Industrial Average slid as Exxon Mobil and Chevron dropped. Stock indexes spent the morning on an upswing after White House economic adviser Larry Kudlow told CNBC that the U.S. and China are talking on “all levels” of government.
- FX Empire•3 days ago
Asia Down On Tech, Politics Lift EU, US Market Rebounds
US equities markets rebound in the early pre-market session, The European market was able to move higher in early Tuesday trading although markets were mixed.
- Bloomberg•4 days ago
U.S. Stocks Decline on Tech Woes; Dollar Rallies: Markets Wrap
The S&P 500 Index and Dow Jones Industrial Average finished Monday near session lows. Major suppliers for Apple also fell as investors fretted about one of the most important product lines in the technology sector, and U.S. chip stocks followed suit. “The midterm bump was a relief rally that for once the polls were right, but then investors started thinking about what it all really means for fundamentals,” said Max Gokhman, head of asset allocation for Pacific Life Fund Advisors.
- Bloomberg•4 days ago
$31 Billion Record Can't Help Asian Stocks as Traders Hit Snooze
Bloomberg Opinion columnist Tim Culpan said that savvy investors would do well not to get caught up in the fluff and hype of the famous sales event. The one notable exception was China: The Shanghai Composite Index erased earlier losses to climb for the first time in six days as Premier Li Keqiang promised more support for the private sector over the weekend. Analysts have trimmed their estimates without mercy -- Goldman Sachs cut its target price by 17 percent, after CICC lowered its projection by 16 percent last week, data compiled by Bloomberg show.
- Financial Times•4 days ago
[$$] Techs lead way as US stocks fall sharply
Monday 21.00 GMT US stocks had their worst day since late October as Apple came under pressure from weak outlooks from two of its suppliers — fuelling fresh worries about iPhone demand — and Goldman Sachs ...
- Financial Times•4 days ago
[$$] Asia stocks flat, pound falls on Brexit worries
Asia-Pacific stocks struggled for direction on Monday while the pound dipped on the latest Brexit concerns. Japan’s Topix was flat as the technology sector mirrored falls on Wall Street on Friday. Technology ...
Bloomberg•5 days agoA Santa Rally and Stellar 2019: Allianz GI's Asia Stocks Calls
To Raymond Chan, the elements needed for a year-end rebound are a hand shake between the U.S. and Chinese leaders at this month’s Group of 20 summit and a nod for further talks to alleviate the trade war. “The market and corporates are sending strong signals to the White House that the tariffs are definitely having an impact on profitability,” Chan said in a phone interview. With industrial bellwether Caterpillar Inc. citing elevated expenses due to tariffs and multinationals such as Ford Motor Co. bemoaning high steel costs, concerns over future revenue and margins at U.S. companies are spreading.
Bloomberg•6 days agoThat $4.3 Trillion Wipeout in Asian Stocks Is Getting Deeper
Then crude oil entered a bear market and alarm bells rang on China’s slowdown as tech stocks plunged. The MSCI Asia Pacific Index slumped 1.2 percent Friday, worsening the wipeout that already erased $4.3 trillion of market value this year. It’s anyone’s guess how regional stock markets will do on Monday but it isn’t looking good right now: the S&P 500 Index dropped 0.9 percent Friday and futures contracts on the Nikkei 225 fell.
Bloomberg•7 days agoTech Haunts Hong Kong's Stocks as Earnings Start to Fall Short
The Hang Seng Index slid 2.4 percent, extending its weekly decline to 3.3 percent, the worst in five weeks. All but one stock on the 50-member gauge dropped, with technology shares tracking overnight losses for Chinese stocks listed in the U.S. Tencent Holdings Ltd. slid 4.9 percent ahead of next week’s quarterly report, while AAC Technologies Holdings Inc. had its worst week since 2010 as brokers downgraded the stock after disappointing results. Sunny Optical Technology Group Co. fell 1.3 percent.
Bloomberg•7 days agoTech Haunts Hong Kong's Stocks as Earnings Start to Fall Short
The Hang Seng Index slid 2.4 percent, extending its weekly decline to 3.3 percent, the worst in five weeks. All but one stock on the 50-member gauge dropped, with technology shares tracking overnight losses for Chinese stocks listed in the U.S. Tencent Holdings Ltd. slid 4.9 percent ahead of next week’s quarterly report, while AAC Technologies Holdings Inc. had its worst week since 2010 as brokers downgraded the stock after disappointing results. Sunny Optical Technology Group Co. fell 1.3 percent.
- Financial Times•7 days ago
[$$] China stocks drop with further US rate rises seen on horizon
China-focused equities hit choppy waters on Friday after the US Federal Reserve held rates but delivered a bullish assessment that Wall Street analysts said leaves the central bank on track for further ...
Bloomberg•8 days agoTrade, Fed, Profits: What Asia Stock Traders Are Watching Next
The hope is that Presidents Donald Trump and Xi Jinping will come up with an agreement, says DBS Group Research, noting that a split Congress should have no bearing on the handling of the negotiations.
- Financial Times•8 days ago
[$$] US stocks pause after midterm-driven jump
left interest rates unchanged but did little to challenge the view that it would pull the trigger again next month. “The midterm election outcome is not likely to have changed the Fed’s outlook, nor has it changed our Fed view,” said Philip Marey, senior US strategist at Rabobank.
- FX Empire•8 days ago
China Exports Surge Ahead of the FED and a December Green Light
The markets are on the move, with China’s trade data impressing ahead of the FED’s policy decision and rate statement that could be a December green light.
- Bloomberg•9 days ago
Stocks Rally as Election Results Provide Comfort: Markets Wrap
Riskier assets were in favor after Democrats won control of the House of Representatives and Republicans held the Senate. The outcome dims chances that Donald Trump’s signature tax cuts will be reversed, but also makes less likely major fiscal initiatives that might have pushed up interest rates. Health-care shares rallied as investors saw reduced risk for major changes to the health system, while marijuana stocks gained after Michigan voted to permit recreational use and Attorney General Jeff Sessions -- a critic of legalization -- resigned.
