As for individual components, AIA (10.94%), Tencent (9.60%) and HSBC (7.86%) are the top three constituents in terms of their index weight. The top 10 constituents represent 61% of the index’s value, which again reflects concentration towards several big financial and technology firms. This came against the backdrop of the US-China trade war and the follow-on disputes over technology, intellectual property and national security ongoing since 2018. The percentage of IG client accounts with positions in this market that are currently long or short. Since you’ve just unblocked this person, you must wait 48 hours before renewing the block. The political climate surrounding the world’s two largest economies tends to have a significant impact on the Hang Seng Index.
Therefore, traders should keep a close eye on the US-China relationship and the latest developments in US foreign policy to assess the potential impact on HSI. In a nutshell, a worsening US-China relationship tends to encourage capital outflow and exert downward pressure on the index, whereas warming relations may serve as a positive price catalyst. Explore our educational resources on global macro analysis where we introduce a proprietary model for following global economic relationships. TOKYO (AP) — Asian shares mostly declined Tuesday despite a Big Tech rally on Wall Street, as investors looked ahead to data on U.S. consumer prices set for later in the week.
It is always important to have a clear plan and do the necessary homework before entering a trade. Successful traders often seek to understand the index’s underlying constituent dynamics, study the fundamental metrics and then apply technical analysis on the price chart to identify entry and exit levels. Critically, risk management is crucial to long-term profitability. Macroeconomic data is an important barometer to assess the health of the underlying economy. Key statistics to watch include China’s GDP growth, trade balance, manufacturing PMIs, industrial production, retail sales, and inflation. Local Hong Kong data tends to have a smaller impact on the benchmark index.
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When south-bound buy volume far exceeds sell volume, this could hint at rising risk appetite, with net inflows buoying HSI. In the same way, a large net outflow via the stock connection may undermine the index. The Hang Seng Index (HSI) is the main stock market benchmark of Hong Kong. It is one of the most liquid and widely traded stock indices in the Asia-Pacific region. US indices started the week on a more subdued tone, with a jump in oil prices to a new 10-month high not providing much reassurances for the global inflation outlook.
- The Federal Reserve is weighing whether to keep raising interest rates steady in its effort to get inflation back to 2%.
- Local Hong Kong data tends to have a smaller impact on the benchmark index.
- Brent crude, the international standard, slid 6 cents to $90.58 a barrel.
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The program was launched in November 2014 and has since allowed mainland investors to purchase eligible stocks listed in Hong Kong. It also provides a channel for foreign investors to gain exposure to mainland A-shares. South-bound flows account for close to 8-10% of the total daily trading volume of the Hong Kong Exchange at the end of 2020. All of the Hang Seng Index constituents are eligible for the stock connection.
Constituent stocks with higher market capitalisation will have greater impact on the index’s performance than those with lower market capitalisation. The constituent stocks are grouped under Commerce and Industry, Finance, Properties and Utilities sub-indices. Shanghai-Hong Kong Stock Connect and the Shenzhen-Hong Kong Stock Connect are cross-boundary investment channels that connect the Hong Kong Stock Exchange with mainland bourses.
Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion. For the details of the obligations and incentives of liquidity providers and market makers, please refer webpage. Below is the list of the Exchange Participants who provide online derivatives trading services for investors. Smucker said it will buy the maker of Twinkies and HoHos in a cash-and-stock deal valued at $5.6 billion, including $900 million of net debt. “Upcoming U.S. data will be crucial leading up to the Federal Reserve’s decision next week,” Anderson Alves of ActivTrades said in a commentary. HSI added more technology companies in 2020, including e-commerce giant Alibaba, hardware maker Xiaomi and biotech firm Wuxi Biologics to replace some of the traditional counters.
The All Futures page lists all open contracts for the commodity you’ve selected. Intraday futures prices are delayed 10 minutes, per exchange rules, and are listed in CST. Overnight (Globex) prices are shown on the page through to 7pm CT, after which time it will list only trading activity for the next day. Once the markets have https://bigbostrade.com/ closed, the Last Price will show an ‘s’ after the price, indicating the price has settled for the day. The page will always show prices from the latest session of the market. The Hang Seng Index (HSI) was introduced in November 1969 and has become the most quoted indicator tracking the performance of the Hong Kong stock market.
More than half Hang Seng’s constituent companies are domiciled in mainland China. For dynamically-generated tables (such as a Stock or ETF Screener) where you see more than 1000 rows of data, the download will be limited to only the first 1000 records on the table. For other static pages (such as the Russell 3000 Components list) all rows will be downloaded. Unique to Barchart.com, data tables contain an option that allows you to see more data for the symbol without leaving the page.
Strong spending there has helped the economy avoid a long-predicted recession. But it also could encourage companies to keep trying to raise prices, pushing upward on inflation. Traders may monitor daily south-bound turnover for clues about mainland investors’ risk appetite.
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View the latest top stories from our trusted partners, with a focus on today’s futures and commodity markets. Barchart Plus Members have 10 downloads per day, while Barchart Premier Members may download up to 250 .csv files per day. For reference, we include the date and timestamp of when the list was last updated at the top right of the page. Data are provided ‘as is’ for informational purposes only and are not intended for trading purposes.
The risks of loss from investing in CFDs can be substantial and the value of your investments may fluctuate. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how this product works, and whether you can afford to take the high risk of losing your money. Hang Seng Index Futures & Options
Hang Seng Index (HSI), the benchmark of the Hong Kong stock market, is one of the best known indices in Asia and widely used by fund managers as their performance benchmark. The HSI is a market capitalisation-weighted index (shares outstanding multiplied by stock price) of the constituent stocks. The influence of each stock on the index’s performance is directly proportional to its relative market value.
Most traders expect the Federal Reserve to leave rates where they are at its meeting next week, according to data from CME Group. But many are bracing for another possible hike by the end of this year, while paring expectations for cuts to rates next year. The Fed has already hiked its main interest rate to the highest level in more than two decades, and it has said it will make upcoming moves based on how inflation and other parts of the economy perform. Inflation has come down from last year’s peak above 9%, but economists warn the last bit of improvement to get to the Fed’s target could be the most difficult to achieve. FTSE 100 from 4 points and more 24-hour markets than anywhere else.
- The HSI is quoted and traded in terms of the Hong Kong Dollar (HKD), which is in turn pegged to the USDollar.
- Shanghai-Hong Kong Stock Connect and the Shenzhen-Hong Kong Stock Connect are cross-boundary investment channels that connect the Hong Kong Stock Exchange with mainland bourses.
- For reference, we include the date and timestamp of when the list was last updated at the top right of the page.
- For other static pages (such as the Russell 3000 Components list) all rows will be downloaded.
- IG International Limited receives services from other members of the IG Group including IG Markets Limited.
- Apple rose 0.7% ahead of a Tuesday event where it’s expected to release its latest iPhone model.
Click the « + » icon in the first column (on the left) to view more data for the selected symbol. Scroll through widgets of the different content available for the symbol. The « More Data » widgets are also available from the Links column of the right side of the data table. End-of-Day prices are updated at 8pm CST each evening, and includes the previous session volume and open interest information.
Hang Seng Futures – Sep 23
Hong Kong has Asia’s third-largest stock market after mainland China and Japan, with a total market capitalization of US$ 6,704 billion as at January 11th 2021. This is around 6.3% of world’s total market capitalization and more than 15 times the value of Singapore’s stock market. The S&P 500 share index has climbed more than 16% so far how to invest in the ruble in 2023, thanks in no small part to investor excitement over the rise of artificial-intelligence technologies. The successful release of OpenAI’s ChatGPT sent traders piling into AI-focused stocks, including Nvidia, Apple, and Microsoft. A separate report on Thursday will also show how much U.S. households spent at retailers last month.
The list of symbols included on the page is updated every 10 minutes throughout the trading day. However, new stocks are not automatically added to or re-ranked on the page until the site performs its 10-minute update. Apple rose 0.7% ahead of a Tuesday event where it’s expected to release its latest iPhone model. How Apple performs has great consequence for the market because it’s the most valuable stock on Wall Street. That means its movements pack more weight on the S&P 500 and other indexes than any other stock. The Federal Reserve is weighing whether to keep raising interest rates steady in its effort to get inflation back to 2%.
A timely, detailed view of relevant upcoming and past events can be found on the DailyFX economic calendar. Hang Seng Index constituents can be further divided into sub-industries, as illustrated in the chart below. Financials (42.3%), information technology (23.7%) and consumer discretionary (8.04%) together account for nearly three quarters of Hang Seng’s weight, while these three sectors contain only 22 out of 52 constituents. This suggests that the index is highly concentrated towards a handful of large-cap stocks, which tend to have a significant influence on its daily performance. Use this to see how IG client accounts with positions on this market are trading other markets. Data is calculated to the nearest 1%, and updated automatically every 15 minutes.
Iron Mountain Inc. stock outperforms competitors on strong trading day
Data may be intentionally delayed pursuant to supplier requirements. However, US stocks have continued to maintain a mostly upbeat tone so far this year, defying bearish predictions from Burry and other experts including Morgan Stanley’s Mike Wilson and economist David Rosenberg. In energy trading, benchmark U.S. crude inched down 1 cent to $87.28 a barrel in electronic trading on the New York Mercantile Exchange. Brent crude, the international standard, slid 6 cents to $90.58 a barrel. The company has been restructuring after setbacks from regulatory crackdowns on the technology and financial sectors.
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On Wednesday, the U.S. government will offer the latest monthly update on prices consumers are paying across the economy, and the forecast is they were 3.6% higher in August than a year earlier. In the event of extreme weather conditions like a typhoon signal or black rainstorm warning, trading may be delayed or cancelled for that day. Traders may monitor news and messages disseminated through HKEX’s market systems on the impact of severe weather on trading. Since then, many of Hang Seng’s top constituents – such as Alibaba, Tencent and Xiaomi – have faced increased scrutiny from US regulators as disputes between Washington and Beijing escalated into the technology space.
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The HSI is a freefloat-adjusted, market capitalization-weighted benchmark, containing 52 constituents that represent about 50% of the capitalization of the Hong Kong Stock Exchange (HKEX). There is a 10% weight cap for each of the index’s constituents to avoid single stock domination. The HSI is quoted and traded in terms of the Hong Kong Dollar (HKD), which is in turn pegged to the USDollar.