Hong Kong’s major indices witnessed a sharp decline today as the Hang Seng Index fell by 1.61%, closing at 19,134.19 HKD. The technology-heavy Hang Seng TECH Index dropped 2.18%, reaching 4,259.82 HKD, while the Hang Seng Composite SmallCap Index saw the steepest fall of 2.65%, finishing at 1,138.72 HKD.
Sectoral indices painted a similarly bleak picture. The Healthcare Industry Index plunged by 2.62%, ending at 6,941.76 HKD, and the Commerce & Industry Index declined by 2.13%, closing at 10,689.77 HKD. Financial stocks demonstrated some resilience, with the Hang Seng Composite Financials Index falling by a comparatively lower 0.77%, ending the day at 3,445.14 HKD.
The Hang Seng Composite MidCap Index recorded a loss of 2.21%, settling at 3,577.49 HKD, while the Energy Index faced a modest dip of 1.05%, closing at 10,979.46 HKD. Despite these declines, trading volumes across all sectors remained stable, reflecting cautious investor sentiment amid ongoing global uncertainties.
Disclaimer:
The above content is for informational purposes only and does not constitute financial advice. Market performance is subject to fluctuations, and readers should consult financial experts for investment decisions.