Finally, a meaningful consolidation! The market was down today on profit taking, closing at 23,363 down 213.97 with turnover
HK$122.94 billion (second only to yesterday's
HK$126.35 billion record high). Most mainland shares were down on the open and closed off the day's highs. China Life continued to surge on good 1st half results. There was also buying in issues
where the A-share were trading at a big premium to the H-share.
Of course, Shanghai continued its upwards trend oblivious to what is happening to the rest of the world.
Market Indices
- Hong Kong Hang Seng: 23,363.76 -0.91%
- Japan Nikkei: 16,287.49 -0.09%
- Shanghai Composite: 5,194.68 +0.87%
- Singapore STI: 3,343.00 -1.34%
- South Korea Composite: 1,829.31 +1.46%
- Taiwan Weighted: 8,727.55 +0.11%
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