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Hong Kong Shares End With Losses

Monday, 25 March 2024 22:23 WIB | Hangseng

Hong Kong stocks turned negative Monday, in line with losses across most of Asia, ahead of key US inflation data due at the end of the week. The Hang Seng Index slipped 0.16 percent, or 25.83 points, to 16,473.64. The Shanghai Composite Index fell 0.71 percent, or 21.73 points, to 3,026.31,...

Hong Kong Stocks Open Higher

Monday, 25 March 2024 15:34 WIB | Hangseng

Hong Kong stocks edged up at Monday's open as traders prepare for the release of key US data this week, including on inflation and consumer sentiment. The Hang Seng Index added 0.20 percent, or 32.48 points, to 16,531.95. The Shanghai Composite Index eased 0.25 percent, or 7.53 points, to...

Market Review Friday, March 22, 2024

Saturday, 23 March 2024 10:06 WIB | Market update

Nikkei Japanese equities rose for a second day with the Nikkei 225 closing at a new record high as exporters climbed after solid US economic data lifted shares on Wall Street and the yen remained lower against the dollar. Nikkei advanced 0.2% to 40,888.43 as of market close Tokyo time. Topix...

Hong Kong Shares Close Lower

Friday, 22 March 2024 22:01 WIB | Hangseng

Hong Kong stocks ended Friday with steep losses as tech firms tanked after a US official said a major Chinese chip manufacturer "potentially" broke American law by making a processor for sanctioned telecom giant Huawei. The Hang Seng Index shed 2.16 percent, or 363.63 points, to 16,499.47. The...

Hong Kong Stocks Retreat at Open

Friday, 22 March 2024 15:32 WIB | Hangseng

Hong Kong stocks opened with a loss Friday morning after the previous day's rally as strong US economic data tempered optimism about how quickly the Federal Reserve will cut interest rates. The Hang Seng Index shed 0.70 percent, or 117.83 points, to 16,745.27. The Shanghai Composite Index dipped...

Market Review Thursday, March 21, 2024

Friday, 22 March 2024 10:13 WIB | Market update

Nikkei Tokyo shares ended sharply higher Thursday, helped by a cheaper yen and US rallies after the Federal Reserve kept rates unchanged. The benchmark Nikkei 225 index jumped 2.03 percent, or 812.06 points, to end at 40,815.66, while the broader Topix index climbed 1.64 percent, or 45.24...

Hong Kong Stocks Surge Out of The Gates

Thursday, 21 March 2024 15:59 WIB | Hangseng

Hong Kong stocks jumped at the open Thursday as world markets were boosted by Federal Reserve interest rate projections that foresaw three cuts this year, despite still-sticky inflation. The Hang Seng Index rallied 1.33 percent, or 219.76 points, to 16,762.83. The Shanghai Composite Index gained...

Hong Kong Stocks Rise at Open

Wednesday, 20 March 2024 15:22 WIB | Hangseng

Hong Kong stocks began Wednesday slightly higher following the previous day's big loss, with focus now on the conclusion of the Federal Reserve's policy meeting later in the day. The Hang Seng Index edged up 0.18 percent, or 29.53 points, to 16,559.01. The Shanghai Composite Index dipped 0.13...

Hong Kong Shares Drop at Open

Tuesday, 19 March 2024 15:27 WIB | Hangseng

Hong Kong stocks opened lower Tuesday as traders gear up for a Federal Reserve interest rate decision this week, hoping for guidance on its plans for interest rates. The Hang Seng Index dropped 0.65 percent, or 109.05 points, to 16,628.07. The Shanghai Composite Index eased 0.23 percent, or 6.95...

Hong Kong Shares Open Higher

Monday, 18 March 2024 16:05 WIB | Hangseng

Hong Kong stocks opened higher on Monday with investors' eyes on key policy decisions this week from the US Fed and the Bank of Japan. The Hang Seng Index added 0.13 percent, or 21.05 points, to 16,741.94. The Shanghai Composite Index rose 0.16 percent, or 4.74 points, to 3,059.38, while the...

Market Review Friday, March 15, 2024

Saturday, 16 March 2024 10:11 WIB | Market update

Nikkei Japanese stocks were mixed as oil near a four-month high lifted commodity-related firms on the Topix, while US rate concerns dragged down technology shares on the Nikkei 225. Topix rose 0.3% to 2,670.80 as of market close in Tokyo. Nikkei 225 declined 0.3% to 38,707.64. Toyota...

Hong Kong Stocks Open Sharply Lower

Friday, 15 March 2024 15:30 WIB | Hangseng

Hong Kong stocks tumbled more than one percent at the open Friday after data showing US producer prices surged more than expected last month, denting hopes for interest rate cuts. The Hang Seng Index sank 1.20 percent, or 203.30 points, to 16,758.36. The Shanghai Composite Index slipped 0.22...

Market Review Thursday, March 14, 2024

Friday, 15 March 2024 10:04 WIB | Market update

Nikkei Japanese stocks climbed for the first time in four days as energy and mining companies rose on higher commodity prices. Investors continue to assess whether the Bank of Japan will raise interest rates for the first time since 2007. Topix rose 0.5% to 2,661.59 as of 3 p.m. close in Tokyo....

Hong Kong Stocks Rise at the Start of Trade

Thursday, 14 March 2024 15:37 WIB | Hangseng

Hong Kong stocks opened with small gains Thursday, resuming a recent rally after the previous day's retreat, with eyes on the release later in the day of US producer price index figures. The Hang Seng Index ticked up 0.22 percent, or 38.43 points, to 17,120.54. The Shanghai Composite Index...

Market Review Wednesday, March 13, 2024

Thursday, 14 March 2024 09:56 WIB | Market update

Nikkei Japanese equities fell for a third day, after a number of wage hike reports from unions at companies such as Toyota added to speculation the Bank of Japan will increase borrowing costs at its policy meeting next week. Topix fell 0.3% to 2,648.51 at close in longest slump since Jan. 18....

Hong Kong Stocks Drop at Open

Wednesday, 13 March 2024 15:32 WIB | Hangseng

Hong Kong stocks edged down at the open Wednesday morning after a three-day rally and the release of data showing US inflation was hotter than expected in February. The Hang Seng Index dipped 0.20 percent, or 34.39 points, to 17,059.11. The Shanghai Composite Index eased 0.08 percent, or 2.59...

Market Review Tuesday, March 12, 2024

Wednesday, 13 March 2024 10:12 WIB | Market update

Nikkei Japanese stocks declined slightly, trimming much of their earlier losses as investors continue to assess clues from the Bank of Japan on whether it is preparing to end negative interest-rate policy as early as next week. Topix Index fell 0.4% to 2,657.24 as of 3:01 p.m. Tokyo time. Nikkei...

Hong Kong Stocks Extend Gains at Open

Tuesday, 12 March 2024 15:37 WIB | Hangseng

Hong Kong stocks opened slightly higher Tuesday morning thanks to fresh gains for tech giants and ahead of the release of key US inflation data due later in the day. The Hang Seng Index added 0.69 percent, or 114.38 points, to 16,701.95. The Shanghai Composite Index was flat, inching down 0.27...

Market Review Monday, March 11, 2024

Tuesday, 12 March 2024 10:21 WIB | Market update

Nikkei Japanese equities slid the most since Oct. 4, with both benchmarks declining more than 2% as growing speculation the Bank of Japan will raise interest rates lifted the yen and hurt exporters. The Topix closed 2.2% lower at 2,666.83 in Tokyo, with 31 of 33 sub-sectors dropping. The...

Hong Kong Stocks Edge up at Open

Monday, 11 March 2024 15:36 WIB | Hangseng

Hong Kong stocks opened on the front foot Monday, extending gains at the end of last week, even after a strong US jobs report dampened hopes for an interest rate cut. The Hang Seng Index rose 0.38 percent, or 62.78 points, to 16,416.17. The Shanghai Composite Index lost 0.11 percent, or 3.40...

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