Hang Seng recovers by 0.23%

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Stock market, Hang Seng recovers by 0.23%

Hang Seng, the Hong Kong Stock Exchange benchmark index, settled with gains of 0.23% today. The selective advanced by 65.39 points to 28,882.46, mainly led by technology shares.

Meanwhile, the Hang Seng China Enterprises advanced by a slight 0.03%.

Among the sub-indices, the Commerce and industry climbed by 0.46%. The Finance sector added a slight 0.01%, and Services rose by 0.16%. In contrast, the Real Estate sector yielded 0.19%.

Digital trading giants had a positive session. Meituan added 2.27%, followed by Alibaba with a 1.45% increase and Tencent, advancing by 0.09%.

The financial sector had a little busy day. Up to four shares did not register any change in their prices. Still, the insurer AIA posted the most significant gain adding 0.62%. On the other hand, BOC Hong Kong, the local subsidiary of the state-owned Bank of China, had the worst day, losing 0.75%.

The real estate sector was characterized with more action. Hang Lung Properties soared by 1.15%. On the other side of the coin, CK Asset plummeted by 0.93%.

Among Chinese state securities, Petrochina surged by 2.16%. As for telephone operators, China Unicom hiked by 0.72%, and China Mobile was down by 0.41%.

The business volume of the session amounted to 133,960 million Hong Kong dollars (17,252 million US dollars).

The majority of Southeast Asian shares settled with a loss

Most of the Southeast Asian stock markets finished the day with losses. The exceptions were Singapore and Ho Chi Minh, which settled with a slight gain. In Singapore, the city-state stock market rose by 1.00 points or 0.03%, and the Straits Times composite indicator stood at 3,119.62.

The Ho Chi Minh stock in Vietnam closed with 1,379.72 units after adding 2.85 integers or 0.21%.

In Indonesia, the Jakarta stock market dropped by 22.49 integers or 0.37%, and the JCI index ended with 6,012.06 units.

The Kuala Lumpur Stock Exchange fell by 9.05 points, 0.58%, and the selective KLCI ended at 1,555.71 units.

The Bangkok stock fell by 6.36 points or 0.40% in Thailand, and the SET index ended at 1,585.72.

In the Philippines, the Manila Stock Exchange plunged by 32.41 integers, 0.47%, and the PSEi composite index ended at 6,886.00 points.

As for other parts of the continent, Tokyo’s Nikkei increased by 0.1% to settle at 28,851.17. Similarly, Hong Kong’s Hang Seng added 0.1% to 28,861.85. Seoul’s Kospi surged by 0.4% to 3,286.26. Stocks also expanded in India and Taiwan. 

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