empty
 
 

24.04.202602:02:56UTC+00Hong Kong Stocks Slip for Third Consecutive Day

The Hang Seng Index fell 270 points, or 1.0%, to 25,645 on Friday, extending its losing streak to a third consecutive session as risk appetite remained weak amid ongoing geopolitical uncertainty and mixed global cues. Sentiment was shaped by developments in the Middle East, where Donald Trump said Israel and Lebanon would extend their ceasefire by three weeks. While this provided some temporary relief, it did little to ease concerns over stalled US-Iran negotiations and the broader risk of escalation.

Oil prices rose for a fifth straight session, reinforcing worries about prolonged supply disruptions and mounting inflationary pressures. Fears that heightened tensions could disrupt shipments through key maritime routes, including the Strait of Hormuz, further weighed on market confidence. In Hong Kong, the market opened lower, tracking overnight declines on Wall Street.

Among major losers were Tencent Holdings (-1.3%), AIA Group (-0.1%), Geely Automobile (-1.8%), Akeso (-1.9%), and Kingboard Laminates (-3.6%).

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In April we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback