Advertisement
Advertisement
Hang Seng Index
Get more with myNEWS
A personalised news feed of stories that matter to you
Learn more

Hang Seng Index

The Hang Seng Index fell 2.96 per cent, or 303.38 points, over the week to close at 9,945.22 on Friday.

Kenny Tang Sing-hing at Tung Tai Securities expects a further correction in the coming week as investors await results from key blue chips such as China Mobile on Tuesday. Profit-taking pressure in the US market will also keep a dampener on local trading.

'The index will find support at the 50-day moving average of 9,850. But as long as stocks remain below 10,000 momentum will stay weak,' he said.

Post