Hang Seng Index Falls on March 25th Trading Day
On March 25th, the Hang Seng Index in Hong Kong experienced a slight decline, with a drop of 25.83 points or 0.16%, closing at 16,473.64 points. The main board transaction volume for the day reached HK$112.709 billion.
The state-owned enterprise index also saw a decrease of 3.02 points, closing at 5754.65 points, a drop of 0.05%. Additionally, the Hang Seng Technology Index fell by 18.68 points, closing at 3437.2 points, representing a decrease of 0.54%.
In terms of individual stock performance, Tencent Holdings experienced a slight dip of 0.07%, closing at HK$288.6. Conversely, Hong Kong Exchanges and Clearing saw a decline of 2.77%, closing at HK$231.6. China Mobile also dropped by 0.74% to close at HK$66.75, while HSBC Holdings rose by 0.41%, closing at HK$61.2.
Among local stocks, Cheung Kong Holdings fell by 0.91%, closing at HK$32.55, while Sun Hung Kai Properties rose by 0.27% to close at HK$74.5. Henderson Land experienced a notable decrease of 3.4%, closing at HK$22.75.
In the Chinese financial sector, Bank of China saw a decrease of 0.61%, closing at HK$3.24, while China Construction Bank dropped by 0.21% to close at HK$4.79. Industrial and Commercial Bank of China also fell by 0.25%, closing at HK$3.95. Additionally, Ping An of China dropped by 2.39%, closing at HK$32.65, and China Life experienced a significant decrease of 4.02%, closing at HK$9.07.
On the other hand, in the petroleum and petrochemical sector, Sinopec rose by 0.9% to close at HK$4.49, PetroChina saw an increase of 0.78% to close at HK$6.46, and China National Offshore Oil rose by 1.69% to close at HK$18.02.
The fluctuations in the stock market on March 25th reflect the ongoing trends and shifts in the financial landscape, both locally and internationally.