Wednesday, May 31, 2017

1 June 2017

HSI Futures U.S. stocks ended down slightly on Wednesday as financials dropped after JPMorgan and Bank of America warned of revenue weakness in the current quarter, but gains in defensive plays offset the decline. Hong Kong stocks ended Wednesday roughly flat, capping a fifth month of gains as steady...

Tuesday, May 30, 2017

31 May 2017

HSI Futures U.S. stocks dipped on Tuesday, with the S&P 500 retreating from a record closing high as weakness in the energy and financial sectors outweighed gains in technology shares. Hong Kong stocks edged up on Monday, on which China markets were closed, with mainland property shares aiding...

Monday, May 29, 2017

30 May 2017

FKLI FKLI tumbled yesterday, touching a low of 1762.5 before settling at 1764.5. Market is expected to remain weak ahead of more profit taking activities. With the absence of several markets due to various holidays, market is expected to open little change but rebound will likely be met with selling....

Sunday, May 28, 2017

29 May 2017

HSI Futures U.S. stocks ended little changed on Friday ahead of a holiday weekend, though major indexes snapped a two-week streak of losses. U.S. markets will be closed for Memorial Day today.  Hong Kong stocks broke a five-day winning streak on Friday, as gains in air carriers were offset by...

Thursday, May 25, 2017

26 May 2017

HSI Futures The S&P 500 and Nasdaq hit record closing highs on Thursday, with the market propped up by gains in the consumer discretionary sector after strong reports from Best Buy and other retailers. Hong Kong shares followed Asian markets higher on Thursday, even after Moody's downgraded Hong...

Wednesday, May 24, 2017

25 May 2017

HSI Futures U.S. stocks ended up slightly on Wednesday, with the S&P 500 hitting a record high close, after minutes of the Federal Reserve's latest meeting showed policymakers view a rate hike coming soon. Hong Kong stocks rose for a fourth day on Wednesday to a fresh 22-month high, shrugging...

Tuesday, May 23, 2017

24 May 2017

HSI Futures Wall Street edged higher on Tuesday with investors relieved by the release of President Donald Trump's budget plan, but gains were tempered by declines in consumer discretionary stocks. Hong Kong's benchmark index inched up to a fresh 22-month high on Tuesday, buoyed by strong money flows...

Monday, May 22, 2017

23 May 2017

HSI Futures U.S. stocks rose on Monday, boosted by technology shares and by defense companies, which gained after the United States and Saudi Arabia signed a multi-billion dollar arms deal. Hong Kong's benchmark share index ended Monday at its highest closing level in 22 months, helped by buoyant...