Previous Close | 17,763.03 |
Open | 17,760.68 |
Volume |
Day's Range | 17,740.62 - 18,035.23 |
52 Week Range | 14,794.16 - 20,361.03 |
Avg. Volume | 2,746,398,343 |
(Bloomberg) -- One of the chief buying forces behind Hong Kong’s world-beating rally is out of action for the next few days, likely leaving the market without a crucial pillar of support.Most Read from BloombergUS and Saudis Near Defense Pact Meant to Reshape Middle EastTesla Axes Supercharger Team in Blow to Broader EV MarketNYPD Arrests Over 300 Protesters in Crackdown on College CampusesThe Ozempic Effect: How a Weight Loss Wonder Drug Gobbled Up an Entire EconomyTreasuries Rally With Fed Not
Wall Street stocks followed London lower on Wednesday ahead of the latest Federal Reserve meeting this evening.
Chinese stocks notched a mixed performance on Tuesday after economic data releases that did little to inspire confidence in a sustained recovery in the world’s second-largest economy. Hong Kong’s Hang Seng Index gained less than 0.1% with the Shanghai Composite down 0.3%. Chinese economic data out Tuesday in the form of April purchasing-managers indexes (PMIs) were a mixed bag.