Market Insight

Market Roundup

The Hang Seng Index opened 133 points lower, at 17,583 points, and edged up 2 points throughout the day, closed at 17,718 points; the HSCEI Index rose 8 points, or 0.1%, to 6,332 points; the Hang Seng Technology Index fell 34 points, or 0.9%, to 3,554 points. The total daily turnover of the market was HK$98.9 billion. Telecom stocks continued to rally, China Unicom (762) reached a new high, with its share price rose 3.6% to HK$7.17. PetroChina (857) and CNOOC (883) rose 4.3% and 2.9% respectively.

Source: KGI Asia Investment Strategy

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