The Hang Seng TECH Index concluded the trading session on December 27 at 4,538.59 HKD, posting a 0.69% increase with a gain of 30.94 points. This performance underscores steady positive momentum for the technology-focused index.
Over the past five days, the index has climbed 3.31%, while the one-month growth stands at 7.22%. The six-month surge of 27.97% signals substantial recovery and increased investor confidence in the sector. Year-to-date gains of 19.33% reflect the broader upward trend in tech stocks.
Comparing year-over-year data, the index has advanced by 24.44%, further solidifying its position as a strong performer. However, when viewed over a five-year horizon or since its inception, the index remains 34.39% below its all-time high, reflecting challenges faced in previous years.
Disclaimer:
The information provided is for informational purposes only and does not constitute financial advice. Please consult with a financial advisor before making any investment decisions.