Financial news and actionable analysis
On this page, you will find news and analysis of the Hang Seng Index. You will also find a live and advanced technical analysis chart.
The Hang Seng Index is the main stock market index of the Stock Exchange of Hong Kong. Hang Seng is one of the best-known indices in Asia and widely used by fund managers as their performance benchmark. Hang Seng Index is a free-float-adjusted market capitalization and weighted stock market index in the Hong Kong stock exchange. That means that the influence of each constituent stock on the index’s performance is directly proportional to its relative market value. Higher market cap stocks will have a greater impact on the Hang Seng index’s performance than those with lower market capitalization. The index is used to record and monitor daily changes of the largest companies by the capitalization of the Hong Kong stock exchange and is the primary benchmark of the overall market performance in Hong Kong.
The Hang Seng trading hours are Monday through Friday:
Hang Seng Index started from the 100 points on July 31, 1964. Hang Seng Index hit an all-time high, on January 26, 2018, at 33,223.58 points at closing.
The 50 companies in the index represent about 58% of the capitalization of the Hong Kong Stock Exchange. Some of the constituents of the index are HSBC HOLDINGS, HANG SENG BANK, BANK OF CHINA, HK & CHINA GAS, CHINA OVERSEAS, SINOPEC CORP, PetroChina, SINO BIO PHARM, etc.
American stocks are falling in the futures market as traders remain concerned about stimulus and the upcoming US election. The blue-chip Dow Jones is down by more than 130 points while the Nasdaq 100 and S&P 500 are down by more than 0.40%. The CBOE VIX index, has jumped by […]
US futures are continuing their weak performance today. The Dow Jones, S&P 500 index, and Nasdaq 100 have fallen by 0.40%, 0.45%, and 0.75% as the market braces for a wave of Covid-19 infections. The three indices fell by 0.58%, 0.66%, and 0.80%, respectively yesterday. The same bearish trend is […]
US stocks rallied yesterday as the market remained optimistic about the US economy. The tech-heavy Nasdaq 100 index rose by 2.56% while the S&P 500 and Dow Jones index rose by 1.65% and 0.88%. Analysts attributed these gains to new polls that show that Joe Biden has a strong lead […]
Global stocks are mixed today as focus remains on Brexit, US stimulus, China yuan rule change, and the upcoming earning season. In Asia, the Hang Seng index is up by 2.23% while the Shanghai Composite is up by 2.25%. Meanwhile, in the United States, futures tied to the Dow Jones, […]
US stocks jumped yesterday as investors remained hopeful in the recovery. The Dow Jones, S&P 500 and Nasdaq 100 gained by more than 1.50% as the US dollar index (DXY) declined. These gains are continuing today, with futures tied to the three indices rising by more than 0.25%. Why the […]
The Hang Seng index is wavering today as investors reflect on the performance of Wall Street yesterday. The index is trading at $23,745, which is a few points above its intraday level of $23,598, which was the lowest level on June 8. The Hang Seng has been under pressure recently […]
US stocks continued their downward trend yesterday, with the Dow Jones erasing more than 500 points. The S&P 500 and Nasdaq 100 also declined and the trend is continuing in the futures market. The three indices are down by 0.15%, 0.20%, and 0.35%. The same weakness is happening in Asia, […]
US stocks ended the day higher yesterday as the market cheered a weaker dollar and rising number of corporate deals. The Dow Jones, S&P 500, and Nasdaq 100 rose by 327, 45, and 203 points, respectively. This trend is continuing in the futures market, where the three indices are up […]
The Hang Seng index is among the worst-performing indices in Asia today. The index is down by more than 1.70%, which is lower than the 1.5% decline of the Shanghai Composite. In Japan, the Nikkei 225 is down by more than 0.52% while in Australia, the ASX 200 has fallen […]
Asian equities are displaying a mixed picture today as investors’ focus remains firmly on corporate earnings.
