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Southbound Capital Net Inflow Surpasses $20B After Midday; HSI Wanes 515 Pts or ~2%
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The Fede maintained the federal funds rate target range as expected, cooling rate cut expectations. Israel's strike on Iranian gas field facilities led to a rise in international oil prices and a decline in gold prices. The Asia-Pacific equity markets declined today (19th), but southbound capital net inflow surpassed $20 billion after midday, and last recorded a net inflow of $20.015 billion. The HSI opened 474 points lower, and then narrowed its decline to 287 points. The index once tumbled 576 points to a low of 25,449 after midday, and shed 515 points or 1.98% to last at 25,510. The HSTECH cascaded 112 points or 2.2% to 4,996. Total market turnover was $268.7 billion. AASTOCKS Financial News Website: www.aastocks.com |
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