Hong Kong Shares Likely To Halt Losing Streak
From Nasdaq: 2025-03-23 21:14:00
The Hong Kong stock market fell for a second consecutive session, dropping almost 1,100 points or 4.5 percent. The Hang Seng Index closed just below 23,690 points, with support expected on Monday. Global markets were mixed due to ongoing tariff concerns. On Friday, the Hang Seng Index plummeted 2.19 percent, with losses in pharmaceuticals, industrials, and technology stocks. The Dow, NASDAQ, and S&P 500 in the US closed slightly positive after spending most of the day in the red. Crude oil prices rose on geopolitical tensions. The Dow rose 1.2 percent for the week, while the S&P and NASDAQ ended four-week losing streaks.
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