• Fri, Apr 24, 2026|
  • JKT --:--
  • TKY --:--
  • HK --:--
  • NY --:--

Market & Economic Intelligence Platform Insight on Macro, Commodities, Equities & Policy

24 April 2026 09:43  |

Hang Seng Drops 1%, Geopolitical Risks Weigh on Sentiment

The Hang Seng Index weakened for a third day on Friday, dropping 270 points, or 1.0%, to 25,645, as risk appetite remained limited amid geopolitical uncertainty and mixed global indicators. The market also appeared to be taking profits after the previous session's gains.

Sentiment was influenced by Middle East developments, after Trump said Israel and Lebanon would extend a three-week ceasefire, but concerns persisted as US-Iran negotiations remain stalled and the risk of escalation remains. Rising oil prices for a fifth day also reinforced concerns about inflation and supply risks, including potential disruptions to flows through the Strait of Hormuz.

In Hong Kong, the decline also followed overnight declines on Wall Street, with major stocks under pressure. Laggards included Tencent (-1.3%), AIA Group (-0.1%), Geely Automobile (-1.8%), Akeso (-1.9%), and Kingboard Laminates (-3.6%). (asd)

Source: Newsmaker.id

Related News

HONGKONG

Hang Seng Down 0.9%, Tencent Leading Loser

The Hang Seng Index fell 0.9% to 25,660.85 in Hong Kong, its biggest decline since a 1.9% decline on March 26, following a 0....

13 April 2026 15:21
HONGKONG

Hang Seng Down 1.4%, Tencent Pressures Index

The Hang Seng Index closed down 1.4% to 26,544.85 in Hong Kong—its biggest daily decline since July 31 (-1.6%)—after a 1....

18 September 2025 15:15
HONGKONG

Hang Seng Drops 0.6% Pressured by Oil Rally and US Trade Co...

Hong Kong stocks weakened in Thursday morning trading, with the Hang Seng down 160 points, or 0.6%, to 25,737, extending the ...

12 March 2026 09:34
HONGKONG

Hang Seng Drops 0.8%, Investors Cautious Ahead of Hong Kong...

The Hang Seng Index weakened on Thursday, dropping 202 points, or 0.8%, to 25,950, reversing the previous session's gains. Th...

23 April 2026 09:20
BIAS23.com BIAS23.com NM23 Ai