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Thursday, January 10, 2013

Hang Seng Closed Rises, Rebound After Correction 2 Days

Hong Kong shares to trade on Wednesday (9/1) shut up and continue the trend of rebound since early morning. Strengthening exchanges also caused by an increase in trading volume after the last two trading days the stock has decreased.

Hang Seng Index rose by 0.46% to 23218.47 basis points. While the index futures experienced flat at position 23 234 basis points, with the support level at 22,672 points and resistant level at 23 446 points.

Stocks that such increase is China Unicom shares rose 3.15% to 13.08 hkd, PetroChina shares rose 0.18% to 10.92 hkd and CCB shares rose 0.78% to 6.43 hkd.

According to the analysis, the Hong Kong stock market movement for the day is expected to be still more likely to increase and will possibly reach the level of 23 300 basis points back.


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