Asian Market Updates

Hang Seng Expected To Halt Losing Streak

The Hong Kong stock market has moved lower in three straight sessions, dropping more than 550 points or 3 percent along the way. The Hang Seng Index now sits just above the 19,150-point plateau although it may find traction on Tuesday.

The global forecast for the Asian markets is upbeat on optimism over the global outlook, although weak oil prices limited the upside. The European and U.S. markets were up and the Asian bourses figure to follow that lead.

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by RTTNews Staff Writer

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