Asian Market Updates

Hong Kong Bourse Tipped To Open Higher

Ahead of Wednesday's holiday for the Chung Yeung Festival, the Hong Kong stock market had bounced higher again - one session after halting the three-day winning streak in which it had advanced more than 620 points or 2.4 percent. The Hang Seng Index now rests just above the 25,460-point plateau and it may add to its winnings Thursday as it catches up on missed positive sentiment.

The global forecast for the Asian markets suggests mild consolidation thanks to a sharp drop in crude oil prices. The European and U.S. markets were down and the Asian bourses figure to follow that lead.

Subscribe to continue reading the article.
This article is part of our premium content offering.Subscribe with a RTTNews subscription.
Subscribe Now
Already subscribed? Sign in

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

More Asian Market Updates