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| 26 October, 2020, 05:53 AM IST | E-Paper
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    The Hang Seng Index or HSI is a market capitalisation-weighted index of the largest companies that trade on Hong Kong Exchange.The Index is a free-float adjusted benchmark for blue chip stocks traded on Hong Kong...The Hang Seng Index or HSI is a market capitalisation-weighted index of the largest companies that trade on Hong Kong Exchange.The Index is a free-float adjusted benchmark for blue chip stocks traded on Hong Kong Exchange. The index is composed of four sub-sector indices in industry, finance, utilities, and real estate investment trusts, and comprises 50 constituents. The index uses a free float market capitalisation weighting scheme with a 10 per cent cap on any one component's index weight.HSI was started on November 24, 1969 and records and monitors daily changes in the top companies of Hong Kong stock market and is the key indicator of the overall market performance in Hong Kong. These 50 companies represent about 58 per cent of the total capitalisation of the Hong Kong Exchange.The index is compiled and maintained by Hang Seng Indexes Company, which is a wholly-owned subsidiary of Hang Seng Bank, one of the largest banks registered and listed in Hong Kong.The components of Hang Seng index include China Petroleum & Chemical Corporation, The Hong Kong and China Gas Company , Hang Lung Properties, Hang Seng Bank, CLP Holdings, CITIC, Industrial and Commercial Bank of China, AIA Group and Tencent Holdings, among others.

    Hang Seng Index

    The Hang Seng Index or HSI is a market capitalisation-weighted index of the largest companies that trade on Hong Kong Exchange.The Index is a free-float adjusted benchmark for blue chip stocks traded on Hong Kong Exchange. The index is composed of four sub-sector indices in industry, finance, utilities, and real estate investment trusts, and comprises 50 constituents. The index uses a free float market capitalisation weighting scheme with a 10 per cent cap on any one component's index weight.HSI was started on November 24, 1969 and records and monitors daily changes in the top companies of Hong Kong stock market and is the key indicator of the overall market performance in Hong Kong. These 50 companies represent about 58 per cent of the total capitalisation of the Hong Kong Exchange.The index is compiled and maintained by Hang Seng Indexes Company, which is a wholly-owned subsidiary of Hang Seng Bank, one of the largest banks registered and listed in Hong Kong.The components of Hang Seng index include China Petroleum & Chemical Corporation, The Hong Kong and China Gas Company , Hang Lung Properties, Hang Seng Bank, CLP Holdings, CITIC, Industrial and Commercial Bank of China, AIA Group and Tencent Holdings, among others.

    Alibaba, Xiaomi to join Hong Kong's Hang Seng Index

    The change announced by the Hang Seng Indexes Company on Friday was made possible after the 50-year-old benchmark's publisher changed the rules on shareholder structure and secondary listings in May.

    HSBC HK shares drop to lowest since 1995, StanChart falls after 'FinCEN' leak

    The revelations underscore challenges for regulatory and financial institutions trying to stop the flow of dirty money despite billions of dollars of investments and penalties imposed on banks in the past decade.

    Hong Kong and Shanghai stocks end with gains

    The benchmark Shanghai Composite Index rose 0.13 percent, or 4.03 points, to 3,214.13 after plunging more than four percent Thursday

    Stocks slip after sobering Fed; dollar holds loss

    Contracts on the S&P 500 were down after the index closed with a modest drop Wednesday.

    16,700% return in 50 years makes Hang Seng index world’s best

    The benchmark stock gauge marks 50 years since its official debut on Sunday.

    Hong Kong stocks close at 3-month low as trade woes weigh

    At the close of trade, the Hang Seng index was down 1.2 per cent at 27,946.46 points.

    Nifty not the only concentrated index, some sectors just perform better

    Not just financials, even technology sector is over-represented in several leading indices.

    Trump-Xi trade truce stock rally lasted 24 hours; here's why

    Asian took a breather Tuesday, with MSCI Asia Pacific Index coming off from a 2-month high.

    China stocks end lower as Trump comments, external risks weigh

    CSI300's financial sector sub-index closed 0.3 per cent lower

    China bars foreign companies, other securities from stock link

    The decision is another setback for Beijing-based Xiaomi to attract local investors.

    Hong Kong's drawing a crowd of skeptics

    Volume of bearish options on Hong Kong's benchmark gauge jumps.

    Hong Kong shares up on strong China market, fading US rate hike fears

    The Hang Seng index rose 1.2 per cent to 22,730.93 points, while the China Enterprises Index gained 1.3 per cent to 10,538.19 points.

    Pre-market: Nifty seen opening higher; Infosys Q3 results eyed

    Tracking the momentum, the Nifty index is expected to reclaim its crucial psychological level of 8,300 in trade today.

    Pre-market: Nifty seen opening higher; may reclaim 8150 levels

    Tracking the momentum, the Nifty index is expected to reclaim its crucial psychological level of 8,150 levels.

    Pre-market: Nifty seen opening flat; may retest 8250 levels

    Tracking the momentum, the Nifty index is expected to retest its crucial psychological level of 8,250 in trade today.

    Pre-market: Nifty seen opening flat; has strong support at 8170

    Tracking the momentum, the Nifty index is expected to retest its crucial psychological level of 8,200 in trade today.

    Pre-market: Nifty seen opening higher; may reclaim 8250 levels

    The 50-share Nifty index is expected to open higher on Tuesday following positive trend seen in SGX Nifty.

    Pre-market: Nifty seen opening higher; may reclaim 8250

    The trade is likely to remain volatile, but the index may reclaim its crucial psychological level of 8250.

    Pre-market: Nifty seen opening higher; may reclaim 8350 levels

    Tracking the momentum, the Nifty index is expected to reclaim its crucial psychological level of 8350 in trade today.

    Pre-market: Nifty seen opening higher; may reclaim 8250 levels

    Tracking the momentum, the Nifty index is expected to reclaim its crucial psychological level of 8,250 in trade today.

    Pre-market: Nifty seen opening higher; may reclaim 8200 levels

    At 07:30 a.m., Nifty India stock futures in Singapore were trading 61 point higher at 8,233.50 indicating a gap-up opening on the domestic market.

    Pre-market: Nifty seen opening higher; may reclaim 8100 levels

    At 07:30 a.m., Nifty India stock futures in Singapore were trading 89 point higher at 8,133.50 indicating a gap-up opening on the domestic market.

    Nifty seen opening flat; may retest 8050 levels

    Nifty remained under tremendous throughout the trading session and ended the day with a loss of 153 points at 8067. The Sensex lost 538 points to conclude at 26,781.

    Nifty seen opening lower; may retest 8200 levels

    At 07:30 a.m., Nifty India stock futures in Singapore were trading 46 points lower at 8,220 indicating a negative opening on the domestic market.

    China stocks bounce back; surge over 2% after Tuesday's carnage

    Chinese shares bounced back following hefty losses in the previous session after the govt clamped down on low-grade corporate bonds.

    Pre-market: Nifty seen opening lower; may retest support at 8290

    Tracking the momentum, the index is expected to head lower, but may bounce back from its key support levels of 8,290-8,280 levels.

    Pre-market: Nifty seen opening lower; may retest 8420 levels

    Tracking the momentum, the Nifty index is expected to retest its crucial support level of 8,420 in trade today.

    Pre-market: Nifty seen opening higher; may reclaim 8600 levels

    Tracking the momentum, the Nifty index is expected to reclaim its crucial psychological level of 8,600 levels.

    Pre-market: Nifty seen opening flat; mid & smallcap stocks in focus

    Nifty is expected to move in a narrow range, but should be able to hold on to its crucial support level of 8,500.

    Pre-market: Nifty seen opening lower; RBI policy eyed

    Tracking the momentum, the Nifty index is expected to retest its crucial psychological level of 8540-8550 in trade today.

    Pre-market: Nifty seen opening higher; GDP data eyed

    Tracking the momentum, the index is expected to reclaim 8500 and head higher to touch its fresh record highs.

    Pre-market: Nifty seen opening flat; F&O expiry eyed

    The 50-share Nifty index is expected to open flat following muted trend seen in other Asian markets ahead of November F&O expiry.

    Pre-market: Nifty seen opening flat; may hit fresh record high

    Tracking the momentum, the index may open flat but should be able to surpass its previous record high of 8534.65 hit on 24 November.

    China stocks rise after surprise rate cut, yuan drops

    The first rate cut in more than two years reflects a change of course for Beijing and the central bank, which had persisted with modest stimulus measures.

    Pre-market: Nifty seen opening flat; may reclaim 8450 levels

    Tracking the momentum, the Nifty index is expected to reclaim its crucial psychological level of 8,450 in trade today.

    Pre-market: Nifty seen opening higher; may reclaim 8000 levels

    The Nifty index may pare gains after strong start tracking muted momentum seen in other Asian markets.

    Pre-market: Nifty seen opening higher; may reclaim 7900

    Tracking the momentum, the Nifty index is expected to reclaim its crucial psychological level of 7900 in trade today.

    Pre-market: Nifty seen opening lower; TCS eyed ahead of Q2 results

    Tracking the momentum, the Nifty index is expected to retest its crucial psychological level of 7800-7840 levels.

    Pre-market: Nifty seen opening lower; RIL eyed ahead of results

    Tracking the momentum, the Nifty index is expected to retest its crucial psychological level of 7,800 in trade today.

    Pre-market: Nifty seen opening higher; may reclaim 7850 levels

    Tracking the momentum, the Nifty index is expected to reclaim its crucial psychological support level of 7850 in trade today.

    Pre-market: Nifty seen opening lower; may retest 7900 levels

    Tracking the momentum, the Nifty index is expected to retest its crucial psychological level of 7900 in trade today.

    Pre-market: Nifty seen opening higher; F&O expiry eyed

    The market is likely to remain volatile as traders roll over positions in the futures & options (F&O) segment.

    Pre-market: Nifty seen opening flat; may reclaim 8150 levels

    Tracking the momentum, the index is expected to reclaim its crucial psychological level of 8150 in trade today.

    Sensex slips over 150 points; capital goods, metals, banks down

    "Trend in investment activity of FIIs and movement in global markets will determine the near term trend on the domestic bourses."

    Pre-market: Nifty seen opening lower; may retest 8100 levels

    Tracking the momentum, the Nifty index is expected to retest its crucial psychological level of 8100 in trade today.

    Nifty seen opening higher; likely to reclaim 7950 levels

    At 07:30 a.m., Nifty India stock futures in Singapore were trading 51.50 points higher at 7995.50 indicating gap-up opening on the domestic market.

    Pre-market: Nifty seen opening higher; may reclaim 7950 levels

    Tracking the momentum, the index is expected to reclaim its crucial psychological support level of 7,950.

    Pre-market: Nifty seen opening lower; may retest 8040 levels

    Tracking the momentum, the Nifty index is expected to retest its crucial support levels placed around 8,040.

    Pre-market: Nifty seen opening higher; may reclaim 8100 levels

    Tracking the momentum, the Nifty index is expected to reclaim its crucial psychological level of 8,100 in trade today.

    Pre-market: Nifty seen opening lower; may retest 8100 levels

    Tracking the momentum, the index is expected to retest its crucial psychological support level of 8,100 in trade today.

    Pre-market: Nifty seen opening higher; may reclaim 8100 levels

    Tracking the momentum, the Nifty index is expected to reclaim its crucial psychological level of 8,100 in trade today.

    Pre-market: Nifty seen opening flat; may retest 8000 levels

    Tracking the momentum, the index is expected to retest its crucial psychological support level of 8000 in trade today.

    Pre-market: Nifty seen opening higher on strong GDP data

    Tracking the momentum, the Nifty index is expected to surpass its previous record high of 7968.25 in trade today.

    Pre-market: Nifty seen opening higher; F&O expiry eyed

    Tracking the momentum, the Nifty index is expected to reclaim its crucial psychological level of 7950 in trade today.

    Hong Kong shares weaken despite strength in oil sector

    The Hang Seng Index slipped 0.4 per cent from its highest close since May 2008, hit in the previous session, and finished at 25,074.50 points.

    Pre-market: Nifty seen opening flat; may retest 7,900 levels

    The index is expected to head down but should be able to recoup losses later in the day and retest its crucial level of 7900.

    Pre-market: Nifty seen opening flat; may retest 7800 levels

    The index is expected to head lower in morning trade, but should be able to pare losses and retest 7,800 levels later in trade today.

    Pre-market: Nifty seen opening lower; Hero MotoCorp eyed

    Tracking the momentum, the index is expected to retest its crucial psychological support level of 7700 in trade today.

    Shriram City's Rs 200-crore NCD to open on April 16

    NCDs are loan-linked securities issued by a company and cannot be converted into stocks and usually carry a higher interest rate than a convertible debenture.

    Sensex opens in red on weak global cues; capital goods, auto down

    The S&P BSE Sensex began the week on a subdued note after Ukraine tensions spooked sentiment in Asian markets.

    China's planned reforms to throw open economy to private companies like GM and Alibaba

    Plans to change China’s financial sector include a new registration system for IPOs and allowing qualified private investors to set up small-to-medium banks.

    Soaring Hong Kong rents hinder ParknShop supermarkets sale

    Soaring Hong Kong rents helped make Li Ka-shing Asia's richest man.They're now becoming a hindrance as he looks to sell the city's No.2 grocery chain.

    Sensex starts marginally higher; Biocon, RIL up

    The BSE Oil & Gas Index was trading 0.57% higher, the BSE FMCG Index rose 0.52% and the BSE Metal Index was up 0.51%.

    Citic Securities to Acquire Credit Agricole's CLSA unit

    Citic Securities agreed to buy Credit Agricole's CLSA unit for $1.25 billion, joining banks across Asia acquiring the assets of troubled European financial firms.

    Euro crisis fears leave world's richest poorer by $9 bn

    The world's 20 wealthiest people lost a combined $9.1 bn this week over renewed concerns that Europe's crisis might worsen.

    Asian stocks dip as US political concerns grow

    MSCI's broadest index of Asia-Pacific shares outside Japan was 0.11% lower after U.S. stocks ended the previous session in the red. Australian and Japanese also dipped and MSCI's gauge of stocks across the globe was 0.09% lower.

    Asian stocks open lower as faith in global recovery slips

    "Equity sentiment remained positive in Europe but quickly soured in the U.S. as Fed speakers urged further fiscal support for the economy," Westpac Institutional Bank analysts said in a note. In Asia, E-mini futures for the S&P 500 fell 0.11%, Australia's S&P/ASX 200 lost 1.6% and Japan's Nikkei 225 declined 0.56%. Hong Kong's Hang Seng index futures dropped 0.92%.

    Sensex adds 230 points on firm global cues; Nifty above 11,300

    US House of Representatives Speaker Nancy Pelosi said on Monday that Democratic lawmakers unveiled a new, $2.2 trillion coronavirus relief bill, which she said was a compromise measure that reduces the costs of the economic aid. She did not say when there would be a vote on the latest proposal.

    Asian markets push higher after US bounce

    "Globally, a loss of momentum and the renewed rise in COVID-19 infection rates points to the need for additional fiscal and monetary support. That policy outlook is continuing to provide a supportive backdrop to equities despite recent volatility," ANZ Bank analysts wrote in a note.

    Sensex rises 150 points on gains in RIL, IT stocks; Nifty tops 11,900

    In the last 13 sessions, bluechip indices have closed in the red for just one session, which outlines the one-way rally the market has seen. Infosys and TCS twins were the biggest positive contributors during the first hours of the day.

    Asian stocks under pressure amid resurgent virus fears

    "There's a bit of worry there and also at what we're seeing in America and in Europe regarding the virus and how it seems to be taking hold pretty significantly again," said Grant Williamson, investment adviser at Hamilton Hindin Greene in Christchurch, New Zealand.

    Sensex extends losses on Covid-19 worries, falls 440 points

    India VIX, the measure of volatility in the market, also surged 4.63 per cent to 23.21.

    Asian stocks fall on concerns about fresh lockdowns, banking sector

    Emerging market stocks lost 1.64%. MSCI's broadest index of Asia-Pacific shares outside Japan closed 1.26% lower. In Asia, Australia's S&P/ASX 200 declined 0.5% while South Korea's Kospi fell 0.9%. Japan is closed for a public holiday. Hong Kong's Hang Seng index futures were down 0.36%.

    Sensex jumps 100 points on gains in FMCG, IT stocks; Nifty tops 11,950

    In the 50-share pack Nifty, UltraTech Cement was the biggest gainer, up 3.23 per cent. Shree Cements, Titan, Asian Paints, Bharti Airtel, HCL Technologies and Coal India were among other major gainers.

    Asian shares defy Wall St gains as China rally cools

    Weakness emerged early in China as the Shanghai Composite slipped 0.5%, trimming gains made in the two trading days since a week-long public holiday last week. China's blue chip index CSI300 shed 0.3%. The morning session of Hong Kong's Hang Seng index was canceled as the city faced a typhoon warning.

    Sensex pares morning gains, up 170 points, Nifty near 11,950

    Bluechip indices have rallied for seven straight days led primarily by IT and pharma stocks and now banking names, which have highest concentration in benchmark indices, are also participating giving wings to the rally. FMCG stocks also saw buying but auto and media names were subdued.

    Sensex rises 150 points on easing US-China tensions; Nifty tops 11,500

    In the 30-share pack Sensex, IndusInd Bank was the biggest gainer, up 2.08 per cent at Rs 540.10. It was followed by SBI, Axis Bank, Bajaj Finance, ICICI Bank and M&M that gained in the range of 1-2 per cent.

    Hang Seng revamps benchmark index to open door for Alibaba

    Dual class and secondary listings will each be subject to a 5% weighting cap.

    Sensex gains 55 points on strong global cues; Nifty above 11,550

    A closely-watched survey showed China's service sector activity grew for a fourth straight month in August, staying above the 50-mark, while companies hired more people for the first time since January.

    Sensex gains 350 points on low-level buying, firm global cues

    Broader market indices were faring in-line with their headline peers as Nifty Smallcap added 0.76 per cent while Nifty Midcap climbed 1.47 per cent. Broadest index on NSE, Nifty 500 was up 1.01 per cent.

    SGX Nifty down 20 points; here's what changed for market while you were sleeping

    Nifty futures on the Singapore Exchange traded 20.60 points, or 0.17 per cent lower at 11,908.80, in signs that Dalal Street was headed for a negative start on Thursday.

    SGX Nifty up 65 points; here's what changed for market while you were sleeping

    Nifty futures on the Singapore Exchange traded 66.5 points, or 0.57 per cent higher at 11,761.50, in signs that Dalal Street was headed for a positive start on Friday.

    China hits US officials with sanctions, avoids top Trump aides

    “In response to the U.S.’s wrong behaviors, China has decided to impose sanctions on those individuals who behaved badly on Hong Kong-related issues,” Zhao said. He did not specify what the sanctions would entail.

    SGX Nifty down 60 points; here's what changed for market while you were sleeping

    Nifty futures on the Singapore Exchange traded 61 points, or 0.51 per cent lower at 11,880, in signs that Dalal Street was headed for a negative start on Wednesday.

    HDFC Bank, L&T drive Sensex 300 points higher; Nifty tops 11,300

    At 09.50 am, BSE flagship Sensex was up 318 points or 0.84 per cent at 38,358, led by gains in HDFC Bank, L&T and Reliance Industries.

    Asian markets struggle to digest coronavirus spike

    Australian S&P/ASX 200 futures lost 0.76% in early trading, Japan's Nikkei 225 futures added 0.22%, and Hong Kong's Hang Seng index futures rose 0.39%.

    Sensex, Nifty rise marginally on mixed global cues; Covid worries mount

    In the 30-share pack Sensex, IndusInd Bank was the biggest gainer.

    Sensex jumps 270 points on Fed's commitment; Nifty near 11,300

    In the 30-share pack Sensex, HCL Tech was the biggest gainer, up about 1.87 per cent at Rs 706.95 and IndusInd Bank was the biggest loser in the pack, down 1.88 per cent at Rs 540.45.

    Asian stocks rise on Fed policy outcome

    The unchanged policy setting together with a pledge the Fed would use its "full range of tools" if needed boosted risk appetite overnight with all three Wall Street indexes finishing firmer.

    Investors undecided over direction of market, Sensex up marginally

    The United States gave China 72 hours to close its consulate in Houston amid accusations of spying, marking a dramatic deterioration in relations between the world's two biggest economies.

    Nifty tops 11,000, hits over 4-month high on rally in bank, IT stocks

    Sectoral matrix on NSE was mixed with Nifty Pharma being the biggest loser, down 1.15 per cent followed by Nifty Auto and Nifty FMCG.

    SGX Nifty up 25 points; here's what changed for market while you were sleeping

    Nifty futures on the Singapore Exchange traded 24 points, or 0.36 per cent higher at 11,931.50, in signs that Dalal Street was headed for a positive start on Wednesday.

    China, Hong Kong stocks gain on quick economic revival hopes

    At the midday break, the Shanghai Composite index was up 0.47 per cent at 2,951.70 points.

    Sensex jumps 300 points, Nifty tops 10,250 on firm global cues

    In the 30-share pack Sensex, Sun Pharma was the biggest gainer up 3 per cent.

    Asian shares waver with coronavirus, corporate earnings in focus

    Citi analysts predicted global equities would hang around current levels in twelve months' time.

    What explains the dramatic rally in Chinese markets? Andrew Freris explains

    ‘There have been extremely bullish state announcements’

    Asian shares cautious as Sino-US tensions weigh

    MSCI's broadest index of Asia-Pacific shares outside Japan see-sawed between red and green but held in small ranges to stay below a 6-1/2 month peak touched last week.

    Vaccine hopes lift Sensex 350 points; Nifty tops 10,500

    Broader market indices were faring in-line with their headline peers.

    Asian stocks rise on vaccine hopes, eyes on US payrolls

    Japan's Nikkei rose 0.4%, China's blue-chip index added 0.6% while Hong Kong's Hang Seng index climbed 1.7%.

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