Stock Quote and Indexes Local Market Express

MSCI’s broadest index of Asia-Pacific shares outside Japan was 0.52 per cent higher on Tuesday. The index is compiled and maintained by Hang Seng Indexes Company, which is a wholly-owned subsidiary of Hang Seng Bank, one of the largest banks registered and listed in Hong Kong. MSCI’s broadest index of Asia-Pacific shares outside Japan was 0.7% higher. In Australia, theS&P/ASX 200was 2% higher in its second hour of trade. Goldman Sachs has identified four «critical» sectors in the clean energy market, beyond the usual suspects. Retail sales missed Reuters’ average estimate, coming in at 2.5% for September from a year ago, while industrial output surprised to the upside at 6.3%, compared to the forecast of 4.5%.

These 66 constituent companies represent about 58% of the capitalisation of the Hong Kong Stock Exchange. The Hang Seng Index or HSI is a free-float market capitalization-weighted index of the sixty largest companies that trade on the Hong Kong Exchange . HKEx is among the largest stock exchanges in the world, with an aggregate market cap of more than $38 trillion as of 2022.

Learn to trade

Consumer Discretionary – This sector accounts for approximately 15% of the index. Consumer Staples – This sector accounts for about 7% of the index. Healthcare – This sector accounts for approximately 7% of the index. Financials – Historically, this sector carries the most weight on the index.

Shows the constituent stocks that have fallen in price the most over the last 24 hours, based on the percentage change since the last close of trading. Shows the constituent stocks that have risen in price the most over the last 24 hours, based on the percentage change since the last close of trading. Hang Seng in turn, despite being a public company, is controlled by another listed international financial institution HSBC Holdings plc.

Iii) Re-classification of a stock’s Industry Sector will occur once the company’s business has undergone a major change, such as, substantial merger or acquisition. The Russell 1000 Index, a subset of the Russell 3000 Index, represents the 1000 top companies by market capitalization in the United States. If you don’t live in Hong Kong, you can still invest in the HSI via Hong Kong ETFs such as the iShares MSCI Hong Kong ETF and the Franklin FTSE Hong Kong ETF .

Natural gas sees first weekly gain in six; Sub-$2 risk still high

China’s influence on their neighboring economy is reflected in the Hang Seng Index. For this reason, the Hang Seng index is not only considered a barometer for the state of Hong Kong’s economy, but also a proxy for the economic health of the entire region. The city’s benchmark Hang Seng Index closed on Friday at its lowest level since April 2009, when much of the world was going through a recession triggered by the global financial crisis. Hong Kong stocks and mainland China markets fell sharply Monday while other major Asia-Pacific markets rose.

Hangsang stock market stocks put in a strong showing on their return to full trading globally after the Easter break,… This page contains data on the Hang Seng 40 Index Futures CFDs. The Hang Seng Index is a free-float capitalization-weighted index of selection of companies from the Stock Exchange of Hong Kong. More information can be found in other sections, such as historical data, charts and technical analysis. This has significantly changed the composition of the Hang Seng index. Today, less than 50% of the stocks listed on the Hang Seng were on the index 20 years ago.

Asian stocks drift lower amid China uncertainty, Australia outperforms

These include white papers, government data, original reporting, and interviews with industry experts. We also reference original research from other reputable publishers where appropriate. You can learn more about the standards we follow in producing accurate, unbiased content in oureditorial policy. An 8% capping is applied to avoid any single stock domination of the index.

Both HSBC Holdings and Hang Seng are constituents of the index. By Ambar Warrick Investing.com — Asian stock markets rallied on Wednesday as easing concerns over a banking crisis saw investors pile into discounted financial stocks, with focus now… By Ambar Warrick Investing.com — Most Asian stock markets rose on Tuesday as sentiment improved amid easing fears of a looming banking crisis, although Chinese stocks lagged their peers as…

Technical Summary

Hang Seng members also fall into one of four sub-indexes, including commerce and industry, finance, utilities, and properties. It is widely considered the benchmark equity market index for Hong Kong, and often a barometer of Asian markets more generally. Get our list of upcoming market holidays – delivered straight to your inbox every Monday at 6am ET. † Indicates the market is closed in observance of the holiday on a different date than when the holiday officially occurs. This is typically the case when a holiday falls on a non-business day.

The https://forex-world.net/ is a free-float-adjusted market capitalization-weighted index that is calculated and disseminated in real-time at two-second intervals during the trading hours of the Hong Kong stock exchange . The HSI is classified as a price index without adjustments made for cash dividends or warrant bonuses. The Hang Seng Index is a freefloat-adjusted market-capitalization-weighted stock-market index in Hong Kong. It is used to record and monitor daily changes of the largest companies of the Hong Kong stock market and is the main indicator of the overall market performance in Hong Kong.

By Ambar Warrick Investing.com — Most Asian stocks fell on Monday amid renewed concerns over more defaults in U.S. and European banks, with Chinese markets falling the most as weak results… By Ambar Warrick Investing.com — Most Asian stocks crept higher on Monday as risk appetite persisted on softer-than-expected U.S. inflation readings from the prior week, although a spike in… Below you will find information about the Hang Sen40 CFDS Index.

The next Hong Kong Stock Exchange holiday is Labor Dayand will be observed on Monday, May 1, 2023 which is 2 weeks from now. † All data is collected directly from primary sources — in this case, the Hong Kong Stock Exchange. Although the underlying data is public knowledge, our selection and arrangement of the data is copyrighted. If you would like to incorporate this data into own system – and ensure it is always up-to-date – please check out our data API.

Although the Hang Seng Index was started in 1969, the index was calculated retroactively to 1965. Its base was set at 100 points, equal to the total value of the Hang Seng Index’s constituent stocks when the market closed on July 31, 1964. You got GDP, industrial production, unemployment rate and central bank meeting. The Hang Seng index is a capitalization-weighted index that is made up of 50 of the largest and most liquid companies listed on the Hong Kong Stock Exchange. The Hang Seng index is integral to Hong Kong and it continues to evolve.

We closely monitor the Hong Kong Stock Exchange for changes to their trading hour. If you are aware of an upcoming change, please contact us. The Hong Kong Stock Exchange closes for lunch / intermission each day. The Hong Kong Stock Exchange is open for a total of5 hours 30 minutesper day.

The index gives investors a snapshot of the health of Hong Kong’s stock market. Because Hong Kong is a global economy, the Hang Seng is frequently considered a proxy for the broader Asian market. Plans to change China’s financial sector include a new registration system for IPOs and allowing qualified private investors to set up small-to-medium banks. Whether oil prices rise or fall, energy stocks are still worth investing in, according to Foord Asset Management’s Brian Arcese.

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world’s media organizations, industry events and directly to consumers. Read MoreThe Hang Seng Index or HSI is a market capitalisation-weighted index of the largest companies that trade on Hong Kong Exchange. A slew of big tech names report third quarter earnings this week.

• By Ambar Warrick Investing.com — Most Asian stock markets moved in a flat-to-low range on Thursday as markets weighed the prospect of a less hawkish Federal Reserve against increased…
• Tracking the momentum, the Nifty index is expected to retest its crucial psychological level of 8100 in trade today.
• Data is calculated to the nearest 1%, and updated automatically every 15 minutes.
• The representativeness of the HSI can be studied by the turnover of the whole stock market and by how much its market capitalisation covers.
• Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology.

By Malvika Gurung Investing.com — Asian markets faltered on Friday and observed a weak trading session despite an uptick witnessed on Wall Street in the overnight session, as investor… By Ambar Warrick Investing.com — Alibaba Group’s Hong Kong shares rose sharply on Wednesday, tracking an overnight jump in its American stock after the e-commerce giant said it plans to… By Ambar Warrick Investing.com — Most Asian stocks fell on Thursday, with Chinese indexes under pressure from concerns over slowing economic growth and worsening Sino-U.S. Learn more about the BRIC Index, a benchmark that measures the equity market performance of the emerging market indices of Brazil, Russia, India, and China. Investopedia requires writers to use primary sources to support their work.

The risks of loss from investing in CFDs can be substantial and the value of your investments may fluctuate. 75% of retail client accounts lose money when trading CFDs, with this investment provider. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how this product works, and whether you can afford to take the high risk of losing your money. A look at the day ahead in European and global markets from Kevin Buckland.

This transformation has increased not only the number of Chinese companies that appear on the index, but also the weight that these companies carry. This time round, part of the Hang Seng’s performance has to do with poor market timing. The index has been undergoing a makeover that has seen it add more Chinese technology stocks, which have been among the market’s biggest losers. Tracking the momentum, the index is expected to retest its crucial psychological support level of 7700 in trade today. Tracking the momentum, the Nifty index is expected to reclaim its crucial psychological level of 7950 in trade today.

The latest bout of selling this week, meanwhile, took place during the Chinese Communist Party’s 20th National Congress. Some investors had been hoping for bold plans that could give stocks a boost, but that largely hasn’t materialized so far. News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services. Alibaba said on Tuesday it was planning to split into six units and explore fundraisings or listings for most of them, in the biggest restructuring of the technology conglomerate in its 24-year history. The 50-share Nifty index is expected to open flat following muted trend seen in other Asian markets ahead of November F&O expiry.