Hong Kong stocks inch up; banks lead gains

Note: This section contains information in English only.
Source: Dukascopy Bank SA
Hong Kong shares climbed on Thursday despite speculation that PoBC is likely to raise interest rates in H2 of 2013 due to brighter economic outlook. The Hang Seng Index inched up 0.16% to end the session at 22,659.78. Four in nine sectors moved higher. The top-performers were oil and gas firms as well as financials. Sinopec and PetroChina jumped 0.80% and 0.18%, while Hang Seng Bank and HSBC Holdings added 0.42% and 1.42%. However, banks' gains were limited as mainland's banking regulator ordered banks to tighten scrutiny of sales to third parties. Moreover, forecasts that Chinese lenders will see a decline in profits next year added pressure on financial stocks. Property developers also moved higher on forecasts that home prices may climb by about 5% next year. SHK Properties and Henderson Land gained 0.09% and 0.54%. At the same time, utilities and technology companies led losses. China Resources Power and Power Assets Holdings dipped 0.10% and 0.08% while Tencent dropped 0.16%.


Back to articles

Actual Topics

Thu, 20 Dec 2012 13:50:50 GMT

Swiss trade surplus rises in November

According to the Federal Customs Administration, Swiss trade surplus rose to CHF 2.95 billion in November, while the surplus was expected to decline to CHF2.23 billion. Exports from Switzerland grew 6% month-on-month as strong sales to the U.S. and Asia offset sluggish growth in Europe, the biggest trading partner. Sales to Asia increased by 8.7% and to the U.S. by

Thu, 20 Dec 2012 12:26:20 GMT

Japanese shares sank after BoJ policy easing

Japanese equities moved lower after the BoJ announced the third dose of monetary stimulus that disappointed investors. The BoJ expanded its asset-purchasing and lending programme to JPY10 trillion, a widely expected decision. The Nikkei 225 Index tumbled 1.19% to close at 10,039.33. Only two out of ten sectors within the index witnessed mild gains. The top-performers were utilities and financials,

Subscribe to "Fundamental Analysis" feed

Suscribir
Para conocer más sobre la plataforma de Trading de CFD y Forex de Dukascopy Bank, SWFX y otras informaciones relacionadas con el Trading,
llámenos o haga una solicitud de devolución de llamada.
Para obtener más información sobre la posible cooperación, por favor llámenos o haga una solicitud de devolución de llamada.
Para obtener más información sobre las opciones binarias de Dukascopy Bank / La plataforma de operaciones de Forex, SWFX y otra información relacionada con el Trading, por favor llámenos o solicite una devolución de llamada.
Para conocer más sobre la plataforma de Trading de CFD y Forex de Dukascopy Bank, SWFX y otras informaciones relacionadas con el Trading,
llámenos o haga una solicitud de devolución de llamada.
Para obtener más información acerca de la plataforma de operaciones Crypto Trading / CFD / Forex, SWFX y otra información relacionada con el comercio,
llámenos o realice una solicitud de devolución de llamada.
Para obtener más información sobre Business Introducer y otra información relacionada con el comercio,
llámenos o realice una solicitud de devolución de llamada.
Para obtener más información sobre la posible cooperación, por favor llámenos o haga una solicitud de devolución de llamada.