TAG: Hang Seng Index

Asia Day Ahead: Hang Seng Index eyeing for a retest of trendline resistance

Asia Open The Asian session was set for a slightly positive open, with Nikkei +0.55%, ASX +1.34% and KOSPI +0.66% at the time of writing. The relief follows after a heavy sell-off in global equities over the past week, with expectations that geopolitical...

5 months ago

Asia Day Ahead: Nikkei eyeing resistance, HSI broke above near-term channel

Asia Open The Asian session looks set for a positive start in today’s session, with Nikkei +1.12%, ASX +0.32% and KOSPI +0.98% at the time of writing. Appetite for risk-taking remains strong, as the bullish momentum in Wall Street extends its winning stre...

1 month ago

NASDAQ 100 edges up and Dow sits at new record, while Hang Seng falls back

NASDAQ 100 edges higher The NASDAQ 100 index has pushed higher from the lows of last week, though it remains well below the highs seen in the second half of August at 19,950. It has held trendline support from the August low, which formed with the low...

1 month ago

Dow steady but DAX and Hang Seng keep falling

Dow steady for now The Dow Jones index stabilised on Wednesday after Tuesday’s sharp drop, avoiding a close below Wednesday’s low. After reaching record highs last week, the index came under pressure on Tuesday, though there has been no continuation o...

1 month ago

Dow surges to new high and Hang Seng powers higher, but Nikkei 225 falls back

Dow hits new high The Dow Jones index touched a fresh record high on Monday, having enjoyed a strong rally throughout September so far. For the moment, it is not displaying any nervousness ahead of the Federal Reserve (Fed) decision, at which a 50 basis p...

4 weeks ago

Dow and DAX hit new highs while Hang Seng lifted by easing measures

Dow pushes to new highs The Dow Jones index sits at a new record high, maintaining its bounce from the 50-day simple moving average (SMA). It has seen nearly a straight-line move from early September, with a series of higher highs and lows over that time....

3 weeks ago

Dow off highs but DAX and Hang Seng bolstered by more China stimulus

Dow eases back after fresh record The Dow Jones index has dropped back after holding at a record high above 42,000 for the past two days. The late August high at 41,586 would be the first target in the event of a short-term pullback, while below this is...

2 weeks ago

Dow, Nikkei 225 and Hang Seng retreat as China fails to unveil new stimulus

Dow hit by oil prices, higher yields and China news Positive momentum has ebbed away here, and having held near highs for around two weeks the Dow Jones index has finally slipped lower. Monday’s losses have taken the price back below 42,000 once mor...

1 week ago

Asia Day Ahead: What’s next for the Hang Seng Index after its 9% dip?

Asia Open The Asian session looks set for a positive open, with Nikkei +1.15%, ASX +0.50% and NZX +0.74% at the time of writing. Korean markets are closed for holiday today. The return of risk appetite in Wall Street overnight may set a positive backdrop...

1 week ago

Dow and Nikkei 225 make gains, but Hang Seng slumps

Dow reaches another new peak The Dow Jones index has hit fresh record highs over the past two sessions, breaking above the previous high from late September. So far, the price shows no sign of any of the usual October weakness often seen in election...

1 day ago