Hongkong Stock Market Hong Kong stocks climbed 211 points or 0.9% to 23,869 on Thursday morning deals, increasing for the third session. Markets reached their highest level in two weeks, driven by broad-based sector gains and private survey data indicating a rebound in China's services activity in May, following a seven-month low in April.
Optimism over potential U.S.-China trade talks also lifted sentiment as investors watched for signs of easing tensions. In other news, China has introduced a national tracking system for seven rare earth elements, following April's export restrictions and new licensing requirements.
CGN Mining jumped nearly 3% after securing a $60.6 million deal to supply 0.8 million pounds of natural uranium to China Uranium Development.
Source: Trading Economi
The Hang Seng Index fell 17 points, or 0.1%, to close at 25,935 on Wednesday (November 5), marking its second session of decline after Wall Street plunged on valuation concerns on Tuesday. Technology ...
Hong Kong stocks continued their decline on Wednesday, with the Hang Seng Index falling 1.1% to 25,664.92, after losing 0.8% in the previous session. The decline was driven by weakness in major techno...
The Hang Seng index slumped 206 points, or 0.8%, to close at 25,952 on Tuesday, losing early gains as sentiment soured amid a broad sectoral decline. The technology index fell 1.8% after US President ...
Hong Kong stocks rose 55 points, or 0.2%, to 26,210 in early trading on Tuesday (November 4), posting a second consecutive session of gains. Market sentiment was boosted by positive comments from Chie...
The Hang Seng Index surged 252 points, or 1%, to close at 26,158 on Monday, reversing losses from the previous three sessions amid broad sector gains. Sentiment was boosted by the US-China trade truce...
Asian markets opened higher, following Wall Street's rebound. The Nikkei and Kospi jumped around 1% at the open, while US stock futures fluctuated after the Nasdaq 100 rose 0.7% and the S&P 500 gained 0.4%. In the bond market, the 10-year US...
GBP/USD remained just above 1.3000 on Wednesday after a brief dead-cat bounce following days of selling pressure. Heading into Thursday, the pair was struggling around 1.3050, down more than 3% from its mid-October peak near 1.3470. The lack of...
Oil prices weakened on Thursday (November 6th) as the market digested rising US inventory data and lingering concerns about oversupply. WTI traded below $60 and Brent below $64, continuing its two-day decline amidst relatively flat trading since...
Asian stocks opened lower on Tuesday, reversing Wall Street's rally fueled by Amazon's massive $38 billion deal with OpenAI. Stock markets in South...
The economic activity in the United States' (US) manufacturing sector continued to contract in October, with the Institute for Supply Management's...
Asia-Pacific markets declined on Wednesday, following a decline on Wall Street, which was driven by concerns about the valuations of artificial...
European stocks opened slightly higher in November, with the STOXX 50 and STOXX 600 gaining 0.2%, after closing near record highs in October....