Hong Kong Market extends losses business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.
HKEX Monthly Market Highlights
- Securities Market
Market capitalisation was $52.1 trillion at the end of March 2021, an increase of 59 per cent from $32.8 trillion for the same period last year.
The average daily turnover in March 2021 was $198.5 billion, an increase of 40 per cent from $141.7 billion for the same period last year.
The average daily turnover for the first three months of 2021 was $224.4 billion, an increase of 86 per cent when compared with $120.9 billion for the same period last year.
The average daily turnover of derivative warrants for the first three months of 2021 was $14.6 billion, an increase of 83 per cent when compared with $8.0 billion for the same period last year.
Hong Kong stock market finished session lower on Friday, 09 April 2021, as investors opted to secure profits on reigniting concerns that Chinese policymakers will dial back ultra-loose monetary policies after an official report shows China s factory-gate prices grew at the fastest pace in more than two years.
At closing bell, the benchmark Hang Seng Index declined 1.07%, or 309.27 points, to 28,698.80. The Hang Seng China Enterprises Index fell 1.19%, or 132.11 points, to 10,977.37.
China s producer prices rose 4.4% in March from a year earlier, the biggest increase since July 2018, the statistics bureau said on Friday.
Consumer inflation accelerated to 0.4% in March. The rosy data added to other signs that the recovery at the world s second-largest economy has been gaining traction, increasing the odds that Beijing will put a brake on easy and cheap credit.
by Tyler Durden
Wednesday, Apr 07, 2021 - 07:43 AM
Global stocks were stuck in a holding pattern on Wednesday at record high levels, with US equity futures unchanged from Tuesday s close, as investors awaited details of the latest FOMC minutes. The 10-year Treasury yield reversed an earlier loss, while the dollar paused after a four-day slide.
While COVID case numbers rose in several parts of the world and geopolitical tensions between China and Taiwan and between Russia and Ukraine ensured it was by no means a fairytale, markets had a Goldilocks feel again with MSCI’s 50-country world index grinding out a sixth day of gains. Futures on the S&P 500 and Nasdaq 100 fluctuated after the underlying gauges retreated overnight as volume on U.S. exchanges dwindled below 10 billion shares for the first time this year.
Hong Kong Stocks fall from a two-week high business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.