The Nikkei 225, Hang Seng, and ASX, are performing well in today's trading on news that the US and China are still in good terms after reports surfaced that tensions are rising between the two countries.
Hang Seng
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.
What is the Hang Seng Index?
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.
Hang Seng trading hours
The Hang Seng trading hours are Monday through Friday:
9:00 AM – 9:30 AM — Opening Session
9:30 AM – 12:00 PM — Morning Trading Session
12:00 PM – 1:00 PM — Lunch
1:00 PM – 4:00 PM — Afternoon Trading Session
4:00 PM – 4:10 PM — Extended Hours
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.
Hong Kong stocks rose today as the market blushed-off concerns of the sliding housing market. The Hang Seng index rose by almost 1 per cent as most companies remained in the green.
The Hang Seng index declined by almost 5% as mood in the region worsened during the weekend. The index was closed on Thursday and Friday as the city marked the birthday of Buddha and Labour Day holidays.
Hang Seng index rose by more than 1% as the government started to ease restrictions on movements. This happened as the number of coronavirus cases started to wane in the city.
Asian stocks declined today following the sharp declines in the United States yesterday. In Japan, the Nikkei 225 index dropped...
Despite positive PMI reports from China and economic data from Japan, Asian stocks were mixed in today’s trading. The Nikkei...
The Hang Seng index declined by more than 1% as the number of global Coronavirus cases continued to soar. The index, which tracks the biggest companies in Hong Kong, has declined by more than 18% this year.
The Nikkei 225 and other Asian stock indices traded higher today mimicking the performance of Wall Street last night. But the JPY is leading currencies. In fact, EURJPY presents a strong technical setup for a sell.
Gains on the Nikkei 225 were cut short today. After three consecutive days of closing in the green, the Japanese...
The Nikkei 225 closed higher for the third consecutive day. By the end of today’s Asian session, Japan’s stock index...