Asian Market Updates

Hong Kong Bourse Tipped To Remain Rangebound

The Hong Kong stock market has finished lower in two of three trading days since the end of the four-day winning streak in which it had advanced more than 410 points or 1.4 percent. The Hang Seng Index now rests just above the 27,945-point plateau and it's looking at a steady start on Monday.

The global forecast for the Asian markets is mixed and flat, with trade concerns offset by bargain hunting. The European markets were down and the U.S. bourses were little changed and the Asian markets figure to follow the latter lead.

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by RTTNews Staff Writer

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