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HANG SENG INDEX Bearish Momentum With A 6% Drop In The Last 21 Sessions

ViaNews Editorial Team

September 7, 2023

HANG SENG INDEX Bearish Momentum With A 6% Drop In The Last 21 Sessions

(VIANEWS) - HANG SENG INDEX (HSI) has been up by 6.25% for the last 21 sessions. At 22:08 EST on Wednesday, 6 September, HANG SENG INDEX (HSI) is $18,317.60.

About HANG SENG INDEX's yearly highs and lows, it's 25.49% up from its 52-week low and 19.31% down from its 52-week high.

Volatility

HANG SENG INDEX's last week, last month's, and last quarter's current intraday variation average was a positive 0.21%, a negative 0.33%, and a positive 1.14%, respectively.

HANG SENG INDEX's highest amplitude of average volatility was 2.31% (last week), 1.15% (last month), and 1.14% (last quarter), respectively.

Index Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, HANG SENG INDEX's is considered to be overbought (>=80).

News about

  • According to FXStreet on Tuesday, 5 September, "Also, the market's indecision about China's ability to defend the economic recovery, as perceived by the S&P 500 Futures' inaction, seems weighing on the Euro pair of late."
  • According to FXStreet on Tuesday, 5 September, "Against this backdrop, S&P 500 Futures prints mild losses while the Asia-Pacific equities edge higher."
  • According to FXStreet on Tuesday, 5 September, "That said, S&P 500 Futures prints mild losses whereas the US 10-year Treasury bond yields rose three basis points (bps) to 4.21% after a holiday-driven inaction."
  • According to FXStreet on Tuesday, 5 September, "Against this backdrop, the S&P 500 Futures print mild losses around 4,515, down 0.15% intraday after reversing from a one-month high the previous day, while the US 10-year Treasury bond yields rose two basis points (bps) to 4.20% after the US holiday-driven inaction."
  • According to MarketWatch on Tuesday, 5 September, "Blackstone Inc. rose 4% in premarket trade, while shares of Airbnb Inc. were up 5% after S&P Dow Jones Indices announced that both names would gain inclusion in the S&P 500 index. "

More news about HANG SENG INDEX (HSI).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.

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