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Hong Kong Stocks End Flat

Wednesday, 22 November 2023 22:26 WIB | Hangseng

Hong Kong stocks finished barely moved Wednesday as minutes suggesting the Federal Reserve could keep interest rates elevated for some time offset optimism that officials will not hike again. The Hang Seng Index inched up 0.71 points to 17,734.60. The Shanghai Composite Index shed 0.79 percent,...

Hong Kong Stocks End Down As Early Rally Peters Out

Tuesday, 21 November 2023 22:10 WIB | Hangseng

Hong Kong stocks closed lower Tuesday as an early rally ran out of steam, with investors looking ahead to the release of minutes from the Federal Reserve's most recent policy meeting. The Hang Seng Index fell 0.25 percent, or 44.18 points, to 17,733.89. The Shanghai Composite Index inched down...

Hong Kong Stocks Take a Hit as Alibaba Plunges

Friday, 17 November 2023 22:08 WIB | Hangseng

Hong Kong stocks tumbled Friday as market heavyweight Alibaba was hammered after saying it would call off a planned spinoff of its cloud computing business. The Hang Seng Index dived 2.12 percent, or 378.63 points, to 17,454.19, dragged down by a 10 percent drop in the Chinese ecommerce...

Hong Kong Stocks Drop as Traders Cash in After Rally

Thursday, 16 November 2023 22:10 WIB | Hangseng

Hong Kong stocks dropped Thursday, giving back some of the previous day's near-four percent rally as profit-takers moved in on a subdued day for Asian markets. The Hang Seng Index sank 1.36 percent, or 246.18 points, to 17,832.82. The Shanghai Composite Index slipped 0.71 percent, or 21.91...

Hong Kong Stocks Soar More Than 4% On US Rate Hopes

Wednesday, 15 November 2023 22:08 WIB | Hangseng

Hong Kong stocks soared more than four percent Wednesday afternoon after a smaller-than-forecast rise in US inflation fanned optimism that the Federal Reserve will not need to hike interest rates further. The Hang Seng Index jumped 4.05 percent, or 705.42 points, to 18,102.28. The advance was in...

Hong Kong Stocks Close With Losses

Tuesday, 14 November 2023 22:05 WIB | Hangseng

Hong Kong shares closed slightly lower Tuesday after fluctuating through the day as investors keep a wary eye on the release of US inflation data later in the day. The Hang Seng Index dipped 0.17 percent, or 29.35 points, to 17,396.86. The Shanghai Composite Index rose 0.31 percent, or 9.54...

Hong Kong Stocks Close Higher

Monday, 13 November 2023 21:58 WIB | Hangseng

Hong Kong shares finished Monday with healthy gains as investors look ahead to the release of US inflation data later in the week. The Hang Seng Index rose 1.30 percent, or 222.95 points, to 17,426.21. The Shanghai Composite Index edged up 0.25 percent, or 7.56 points, to 3,046.53, and the...

Hong Kong Stocks Head into Weekend with Loss

Friday, 10 November 2023 22:13 WIB | Hangseng

Hong Kong shares closed the week with another loss Friday as global markets took a hit from Federal Reserve chief Jerome Powell's warning that interest rates could be hiked again to fight inflation. The Hang Seng Index dived 1.76 percent, or 308.03 points, to 17,203.26. The Shanghai Composite...

Hong Kong Stocks Sink At Open On Powell Comments

Friday, 10 November 2023 15:31 WIB | Hangseng

Hong Kong shares tumbled at Friday morning's open after Federal Reserve boss Jerome Powell said he would not hesitate to hike interest rates further if inflation remained stubbornly high. The Hang Seng Index dropped 0.92 percent, or 160.42 points, to 17,350.87. The Shanghai Composite Index shed...

Hong Kong Stocks End Down

Thursday, 9 November 2023 21:54 WIB | Hangseng

Hong Kong shares closed slightly lower Thursday, extending losses to a third day as data showing China had slipped back into deflation in October sparked fears over the world's number two economy. The Hang Seng Index slipped 0.33 percent, or 57.17 points, to 17,511.29. The Shanghai Composite...

Hong Kong Stocks Start With Fresh Losses

Thursday, 9 November 2023 15:19 WIB | Hangseng

Hong Kong shares opened slightly lower Thursday morning, brushing off another positive lead from Wall Street, as investors await guidance on the Federal Reserve's plans for interest rates. The Hang Seng Index dipped 0.09 percent, or 15.20 points, to 17,553.26. The Shanghai Composite Index shed...

Hong Kong Stocks Finish with Another Loss

Wednesday, 8 November 2023 21:48 WIB | Hangseng

Hong Kong stocks ended with a second straight loss Wednesday as traders await clues from the Federal Reserve on its interest rate plans. The Hang Seng Index lost 0.58 percent, or 101.70 points, to 17,568.46. The Shanghai Composite Index shed 0.16 percent, or 4.90 points, to 3,052.37, and the...

Hong Kong Stocks Edge Down At Open

Wednesday, 8 November 2023 15:28 WIB | Hangseng

Hong Kong stocks started Wednesday slightly lower, extending the previous day's losses following a strong three-day rally, with traders awaiting guidance on monetary policy from Federal Reserve officials. The Hang Seng Index dipped 0.11 percent, or 19.65 points, to 17,650.51. The Shanghai...

Hong Kong Stocks Close Sharply Lower

Tuesday, 7 November 2023 21:55 WIB | Hangseng

Hong Kong stocks fell more than one percent Tuesday as profit-takers moved in after a strong three-day rally, while traders were also weighing mixed trade data out of China. The Hang Seng Index sank 1.65 percent, or 296.43 points, to 17,670.16. The Shanghai Composite Index was marginally lower,...

Hong Kong Stocks Drop At Open

Tuesday, 7 November 2023 15:23 WIB | Hangseng

Hong Kong stocks opened lower Tuesday morning as profit-takers moved in after a three-day rally worth more than four percent, with traders keen to hear comments from top Federal Reserve officials this week. The Hang Seng Index dipped 0.65 percent, or 116.00 points, to 17,850.59. The Shanghai...

Hong Kong Stocks Starts Week With Rally

Monday, 6 November 2023 21:54 WIB | Hangseng

Hong Kong stocks closed with another big gain Monday after a below-par US jobs report reinforced views that the Federal Reserve will not hike interest rates again soon. The Hang Seng Index jumped 1.71 percent, or 302.47 points, to 17,966.59. The Shanghai Composite Index added 0.91 percent, or...

Hong Kong Stocks Rally At Open

Monday, 6 November 2023 15:17 WIB | Hangseng

Hong Kong stocks jumped more than one percent at the open Monday after data on cooling US jobs growth ramped up optimism that the Federal Reserve would not hike interest rates anytime soon. The Hang Seng Index climbed 1.41 percent, or 249.42 points, to 17,913.54. The Shanghai Composite Index...

Market Review Friday, November 3, 2023

Saturday, 4 November 2023 09:58 WIB | Market update

Nikkei Holiday Hang Seng Hong Kong shares finished the week with a flourish Friday as global markets extended a rally fuelled by optimism that the Federal Reserve has come to the end of its interest rate-hiking cycle. The Hang Seng Index soared 2.52 percent, or 433.53 points, to...

Hong Kong Stocks Open with More Gains

Friday, 3 November 2023 15:16 WIB | Hangseng

Hong Kong stocks built on a global rally Friday fuelled by optimism that the Federal Reserve's long-running interest rate hiking cycle has come to an end. The Hang Seng Index 1.02 percent, or 175.32 points, to 17,405.91. The Shanghai Composite Index edged up 0.10 percent, or 3.06 points, to...

Market Review Thursday, November 2, 2023

Friday, 3 November 2023 09:55 WIB | Market update

Nikkei Tokyo stocks closed higher on Thursday, buoyed by gains on semiconductor shares, after the US Federal Reserve left interest rates unchanged and triggered buying on Wall Street. The benchmark Nikkei 225 index climbed 1.10 percent, or 348.24 points, to end at 31,949.89, while the broader...

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