Hang Seng index is attempting to increase rapidly

Hang Seng is preparing for a rapid rise up

In brief: Hang Seng is in the red zone, but will grow today - according to analysts.

Hang Seng is rising against the backdrop of favorable data from the U.S.. Index stock market of Hong Kong Hang Seng lost 0.79 per cent, having descended to the mark 20.090,95 points. Significant influence on the index stocks HSBC Holdings Plc have fallen in price by 2,3 percent.

Major Asian stock indexes fell to the closing of trading on Monday due to lower consumer sentiment in the United States has not met expectations of financial statements of a number of American corporations for the second quarter, but the index of Shanghai stock market rose on expectations of monetary stabilization policies in Beijing. Prime Minister Wen Jiabao said Sunday that China’s economy to adequately respond to a stable policy, adding that “relatively fast” growth will help create jobs and boost domestic demand. The composite index of Shanghai Stock Exchange rose 2.1 percent to mark 2.475,4 points, losing 1.9 per cent in the last week. The index of consumer confidence in the U.S. amounted to 66.5 points in July, the prognosis of 74.5 points. Index Seoul Stock Exchange Korea Composite Stock Price Index (KOSPI) fell by 0.37 percent to mark 1.731,95 points. The decline was limited due to good growth on the stock exchange in Shanghai, as well as the expectations of good financial reports of Korean corporations, analysts said. Tokyo Stock Exchange was closed today in observance of the Day Sea of Japan.

Ukrainian Globalist
2010-07-20 00:23, Economics.

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