May 20 2025, 15:25 The Hang Seng jumped 349 points or 1.5% to close at 23,681 on Tuesday, picking up from a muted session the day before as all sectors posted strong gains. Sentiment recovered after the PBoC cut key lending rates to fresh lows for the first time in seven months, aiming to support…
Oct 8 2024, 16:07 The Hang Seng Index plunged 2,173 points, or 9.4%, finishing at 20,927 on Tuesday after surging in the previous two sessions, as investors took profits following the index’s rise to its highest level since early 2022. Market sentiment was further dampened by disappointment over a media briefing in China, where no…
The Hang Seng Index rose for the third consecutive day in Hong Kong trading. The index rose 1.4%, or 363.21 points, to 26,710.45, its highest close since November 13. The gains were led by financial sector stocks, while all sectors recorded gains. Of the 89 index members, 65 rose and 19 fell, indicating a fairly…
Hong Kong stocks fell on Thursday after hitting a one-month high, as investors opted to remain cautious ahead of the release of quarterly earnings reports from major tech companies, including Tencent and JD.com, as well as Chinese economic data for November. The Hang Seng Index fell 0.1% to 26,888.09 as of 10:06 a.m. local time,…
Oct 1 2024, 11:41 Silver (XAG/USD) gained some positive traction during the Asian session on Tuesday and moved away from multi-day lows, around the $30.90-$30.85 region touched the previous day. The white metal is currently trading around the $31.35 region, up 0.60% for the day, snapping two consecutive days of the losing streak and stalling…
Silver prices (XAG/USD) strengthened and moved near $51.00 during Monday’s Asian session. This increase occurred amid market uncertainty following the end of the US government shutdown. Market participants are also preparing to closely monitor the speeches of several Fed officials, including John Williams, Philip Jefferson, Neel Kashkari, and Christopher Waller, who could potentially provide new…
