The Hang Seng Index opened slightly lower by 0.07% to 26,263 on Friday (October 31st), moving flat after a 0.2% decline in the previous session to 26,283. This cautious movement occurred amid mixed sentiment: some technology stocks weakened, while the market digested news of a US-China trade truce that had not yet fully boosted risk appetite.
Data-wise, China's manufacturing PMI contracted again in October, signaling continued pressure on the factory sector and curbing the Hong Kong stock market rally. Meanwhile, Asian market analysts noted that regional stocks are likely to strengthen this month, but a strengthening dollar and uncertain global policies are making investors more selective in their HSI. (az)
Source: Newsmaker.id
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