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Monday, September 29, 2014

Hang Seng Stock Market Update

Hang Seng Stock Market update


Hong Kong stocks sank 1.18 per cent in opening exchanges on Monday following a weekend of unrest as pro-democracy demonstrators clashed with police in the financial hub. The Hang Seng Index fell 278.90 points to 23,399.51.
Index is likely to move further down in upcoming session as it breached support of 23500 and closed below the same. Now it can test next support of 23200 and MACDs appeared bearish gap again, showing that momentum still would be down side. For resistance, year high of 23700 become first resistance, while next resistance would be seen at 24,000.


TOP GAINERS
Name
Closing
% Change
CHINA SHENHUA
21.800
0.23%


TOP LOSER
Name
Closing
% Change
NEW WORLD DEV
9.190
-4.57%
SINO LAND
11.920
-4.49%
WHARF HOLDINGS
55.200
-3.75%
CHINA RES POWER
21.900
-3.74%
CHEUNG KONG
129.700
-3.71%

Most Active Volume
Name
Closing
% Change
BANK OF CHINA
3.530
508.16M
ICBC
4.910
395.91M
CCB
5.520
295.89M
SINOPEC CORP
6.860
132.53M
PETROCHINA
10.100
84.38

Most Active Turnover
Name
Closing
% Change
TENCENT
115.600
3.74B
HKEX
169.700
3.61B
HSBC HOLDINGS
80.700
2.17B
CHINA MOBILE
92.550
2.13B
ICBC
4.910
1.95B

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