• Mon, May 18, 2026|
  • JKT --:--
  • TKY --:--
  • HK --:--
  • NY --:--

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

18 May 2026 09:39  |

Hormuz Shadows Hang Seng

Hong Kong stocks weakened on Monday (May 18th) as investors reduced risk amid renewed Middle East tensions. The Hang Seng Index fell 323 points, or 1.2%, to 25,640, its lowest level since April 2026.

Sentiment worsened after US President Donald Trump issued a new warning to Iran, sparking concerns about further escalation and potential disruptions to global energy supplies. The market assessed that this geopolitical risk could prolong volatility across assets.

Oil prices rose more than 1% amid concerns about shipping disruptions through the Strait of Hormuz, a key global energy trade route. The surge in oil fueled inflation concerns and raised expectations of corporate operating costs, dampening appetite for riskier assets such as equities.

On the stock exchange, financial and technology stocks led the decline. Tencent fell 0.3% and AIA fell 1.0%, while several other stocks, including Shenzhou International (-0.7%), HKEX (-0.1%), and SMIC (-0.8%), also declined.

Amid market pressure, Xiaomi rose nearly 1%, becoming an exception among large-cap stocks. Looking ahead, market participants are likely to monitor the direction of oil prices, US-Iran geopolitical developments, and their impact on global inflation and interest rate expectations.(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 Down, Hong Kong Market Remains Cautious Ahead of ...

The Hang Seng Index weakened for a second day on Tuesday (April 28), dropping 72 points or 0.3% to 25,850. Sentiment remained...

28 April 2026 09:49
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
BIAS23.com BIAS23.com NM23 Ai