Saturday, 13 September 2025
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Hang Seng Pares Gains at Finish
Tuesday, 29 April 2025 15:42 WIB | HANGSENG |HANG SENG

The Hang Seng rose 36 points or 0.2% to end at 22,008 on Tuesday, mainly helped by strength in tech and financials after a muted prior session. Markets trimmed early gains, amid caution ahead of April's official PMI data in China that will be due Wednesday.

Investors continued to await more clarity on U.S. tariff plans and their potential impact on China. Beijing Monday held off on new stimulus but reiterated support for exporters and workers affected by U.S. tariffs and said contingency plans for the economy are in place. Meantime, mainland markets will be closed from May 1 for a 5-day Labour Day break.

Auto stocks advanced, with Geely up 3.7% and Li Auto 2.2%, as President Trump plans to ease some duties on foreign auto parts to help U.S. carmakers. Wuxi AppTec jumped 4% on strong Q1 profits. Other notable gainers included Sichuan Kelun-Biotech (9.5%), Alibaba Health (6.5%), Trip.com (2.9%), and Meituan (2.8%).

Meanwhile, Sinopec fell 1.4% after reporting weaker quarterly earnings.

Source: Trading Economics

RELATED NEWS
Hang Seng Posts Best Week Since March ...
Friday, 12 September 2025 15:33 WIB

The Hang Seng Index rose 301 points, or 1.2%, to 26,387 on Friday (September 12), climbing for a sixth straight session to its highest level since August 2021. The index surged 3.8% for the week, its ...

Hong Kong Stocks Set to Log Solid Weekly Gains...
Friday, 12 September 2025 10:09 WIB

Hong Kong shares surged 375 points, or 1.4%, to 26,405 on Friday morning's trade, reversing losses in the prior session and hitting their highest in over four years. The rally was broad-based, trackin...

Hang Seng Trims Weekend Losses ...
Thursday, 11 September 2025 15:38 WIB

The Hang Seng Index fell 114 points, or 0.4%, to close at 26,086 on Thursday (September 11), halting a four-day rally and retreating from a four-year high amid broad sector weakness. Sentiment weakene...

Fed Rate Cut Bets and AI Optimism Send Hang Seng to 4-Year High ...
Wednesday, 10 September 2025 15:39 WIB

The Hang Seng Index surged 262 points, or 1%, to close at 26,200 on Wednesday, rallying for a fourth straight session to a four-year high, driven by gains across all sectors. The index followed Wall S...

Hang Seng Index surges past 26,000 points following strong performance from Alibaba...
Wednesday, 10 September 2025 10:16 WIB

The Hang Seng Index opened higher today, gaining 104 points to reach 26,042, before extending its rise by 227 points, or 0.87%, to settle at 26,165. This marks the index's fourth consecutive day of in...

LATEST NEWS
Oil gains weighed down by US demand worries

Oil prices rose on Friday after a Ukrainian drone attack suspended loadings from the largest port in western Russia, but gains were capped by concerns about U.S. demand. Brent crude futures settled at $66.99 a barrel, up 62 cents, or 0.93%. U.S....

Nasdaq closes at record high, S&P 500 notches winning week as Fed decision looms

The Nasdaq Composite notched a perfect week of closing highs on Friday as investors took signs of weakening jobs and tame inflation to mean the Federal Reserve will lower interest rates next week. The tech-heavy Nasdaq closed 0.44% higher to...

Gold rises as weak US sentiment and jobs data fuel rate cut expectations

Gold prices rise over 0.44% during Friday's North American session as weaker than expected jobs market data increased the chances that the Federal Reserve (Fed) will cut interest rates next week. At the time of writing, XAU/USD trades at $3,649...

POPULAR NEWS
IMF says Fed has scope to lower interest rates
Friday, 12 September 2025 01:38 WIB

The International Monetary Fund on Thursday said the Federal Reserve has scope to lower interest rates because of the weakening U.S. labor market,...

Fed seen on course for rate cuts after PPI data
Thursday, 11 September 2025 01:30 WIB

The Federal Reserve is likely to start a series of interest-rate cuts next week and keep going through the end of the year, traders bet on Wednesday...

Breaking News: US Annual PPI Inflation Falls to 2.6% in August, Compared to an Expected 3.3%
Wednesday, 10 September 2025 19:39 WIB

Producer inflation in the United States, as measured by the change in the Producer Price Index (PPI), fell to 2.6% annually in August from 3.3% in...

Breaking News: US CPI Inflation Rises to 2.9% in August, Matching Forecasts
Thursday, 11 September 2025 19:44 WIB

Annual inflation in the United States (US), as measured by changes in the Consumer Price Index (CPI), rose to 2.9% in August from 2.7% in July, the...