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Renewed Selling Pressure Expected For Hong Kong Stock Market

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

The Hong Kong stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day winning streak in which it had rallied almost 550 points or 2.2 percent. The Hang Seng Index now rests just beneath the 25,900-point plateau and it's likely to open under water on Monday.

The global forecast for the Asian markets is soft thanks to renewed tensions in the Middle East. The European and U.S. markets were mixed to lower and the Asian bourses are also expected to open under pressure.

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