North Korea tested nuclear device for the sixth time.
藺常念
2017/09/04 10:41:37
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Daily report
North Korea tested nuclear device for the sixth time.
The market opened slightly higher but mixed last Friday. Hang Seng index rose 45 points but H share index lost 2 points. Tencent rose 0.85% to drive up the index by 26 points. AIA rose 0.75% for 17 point gain. On the contrary, China Construction Bank lost 0.44% for 10 point loss to drag down the H share index. Macau gaming stocks rose on broker upgrade. Sands rose 2.71% and Galaxy rose 1.43% to lead the gainers. A shares opened up 0.22%. Shanghai composite index rose 7 points. The market rose further after opening as mainland banks turned from loss to gain. CCB rose 0.58% to contribute 17 point gain. AIA, Tencent, HK Exchanges and Ping An led the rally. Mengniu’s restructuring was approved. Share price rose 7.11% to lead the gainers. A shares closed the morning up 0.57%. Shanghai composite index closed up 19 points. Hang Seng index reached a morning high of 28117 points, up 147 points. At morning’s close, Hang Seng index rose 87 point. H share index rose 42 points. Turnover was $52.4 billion.
In the afternoon, the market turned from gain to loss. Mainland banks were the culprit for the turnaround. CCB lost 0.73% to cause 13 point loss. ICBC lost 0.85% for 11 point loss. BOC lost 0.97% for 10 point loss. Tencent turned from gain to loss to cause 11 point loss. Handset parts manufacturers continued to rise. Sunny Optical rose 2.8%. Q-Tech rose 5.1%. Black futures rose in China. Coal and steel stocks rose. Angang rose 4.14%. Maanshan rose 1.94%. China Coal rose 3%. Macau reported 20% increase in gaming income. Macau gaming stocks rose. Wynn rose 6.6%. SJM rose 5.1%. MGM rose 4.5%. A shares closed up 0.19%. Shanghai composite index rose 6 points. Hang Seng index closed down 17 points and H share index down 9 points. Turnover was $100.5 billion. For the week, Hang Seng index rose 105 points and H share index lost 3 points.
Last Friday night, overseas markets were slightly higher. European markets edged higher. DAX rose 86 points. FTSE rose 7 points and CAC rose 37 points. US stocks were slightly higher. Dow Jones rose 55 points; S & P rose 5 points. Nasdaq was unchanged. Hong Kong ADR’s rose 84 points in New York. Night future rose 1 point. North Korea tested a nuclear device for the sixth time. Regional political tension rose. We expect the market to fall today.
香港股票分析師協會永遠榮譽會長
METRO 28 TV 節目主持人
Daily report
North Korea tested nuclear device for the sixth time.
The market opened slightly higher but mixed last Friday. Hang Seng index rose 45 points but H share index lost 2 points. Tencent rose 0.85% to drive up the index by 26 points. AIA rose 0.75% for 17 point gain. On the contrary, China Construction Bank lost 0.44% for 10 point loss to drag down the H share index. Macau gaming stocks rose on broker upgrade. Sands rose 2.71% and Galaxy rose 1.43% to lead the gainers. A shares opened up 0.22%. Shanghai composite index rose 7 points. The market rose further after opening as mainland banks turned from loss to gain. CCB rose 0.58% to contribute 17 point gain. AIA, Tencent, HK Exchanges and Ping An led the rally. Mengniu’s restructuring was approved. Share price rose 7.11% to lead the gainers. A shares closed the morning up 0.57%. Shanghai composite index closed up 19 points. Hang Seng index reached a morning high of 28117 points, up 147 points. At morning’s close, Hang Seng index rose 87 point. H share index rose 42 points. Turnover was $52.4 billion.
In the afternoon, the market turned from gain to loss. Mainland banks were the culprit for the turnaround. CCB lost 0.73% to cause 13 point loss. ICBC lost 0.85% for 11 point loss. BOC lost 0.97% for 10 point loss. Tencent turned from gain to loss to cause 11 point loss. Handset parts manufacturers continued to rise. Sunny Optical rose 2.8%. Q-Tech rose 5.1%. Black futures rose in China. Coal and steel stocks rose. Angang rose 4.14%. Maanshan rose 1.94%. China Coal rose 3%. Macau reported 20% increase in gaming income. Macau gaming stocks rose. Wynn rose 6.6%. SJM rose 5.1%. MGM rose 4.5%. A shares closed up 0.19%. Shanghai composite index rose 6 points. Hang Seng index closed down 17 points and H share index down 9 points. Turnover was $100.5 billion. For the week, Hang Seng index rose 105 points and H share index lost 3 points.
Last Friday night, overseas markets were slightly higher. European markets edged higher. DAX rose 86 points. FTSE rose 7 points and CAC rose 37 points. US stocks were slightly higher. Dow Jones rose 55 points; S & P rose 5 points. Nasdaq was unchanged. Hong Kong ADR’s rose 84 points in New York. Night future rose 1 point. North Korea tested a nuclear device for the sixth time. Regional political tension rose. We expect the market to fall today.
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