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Asian Market Updates

Hong Kong Shares May See Additional Support

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

The Hong Kong stock market has finished higher in four consecutive trading days, gathering more than 740 points or 2.6 percent along the way. The Hang Seng Index now rests just beneath the 28,960-point plateau and it's looking at a higher open again on Tuesday.

The global forecast for the Asian markets suggests a higher open on optimism over global trade, although a drop in crude oil prices may limit the upside. The European and U.S. markets were up and the Asian bourses are tipped to follow suit.

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Market Analysis

Global Economics Weekly Update: April 13 – April 17, 2026

April 17, 2026 15:29 ET
The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.