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Asian Market Updates

Renewed Support Anticipated For Hong Kong Shares

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

The Hong Kong stock market on Tuesday snapped the two-day winning streak in which it had picked up[ more than 110 points or 0.7 percent. The Hang Seng Index now rests just above the 16,340-point plateau although it's expected to rebound on Wednesday.

The global forecast for the Asian markets suggests mild upside on strength from technology shares and optimism over the outlook for interest rates. The European markets were mixed and flat and the U.S. bourses were up and the Asian markets figure to split the difference.

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