Dow tops 16,000 at close -- a first

Dow tops 16,000 at close -- a first

NEW YORK, Nov. 21 (UPI) -- The Dow Jones industrial average, which has been setting records with regularity this year, closed at more than 16,000 for the first time Thursday.
U.S. stocks end down for month

U.S. stocks end down for month

NEW YORK, Aug. 30 (UPI) -- Worries over Syria weighed on investors Friday, giving U.S. equities markets another down day in a month that posted the biggest monthly pullback in a year.
Markets mixed Friday

Markets mixed Friday

NEW YORK, April 26 (UPI) -- U.S. stocks closed mixed Friday following a lower-than-expected reading on the economy.

Nikkei clings to gains on Monday

TOKYO, Feb. 18 (UPI) -- The Nikkei average rose more than 200 points early Monday but saw the rally evaporate and ended near the break-even point.

Asian markets rebound

TOKYO, Jan. 23 (UPI) -- After two days of declines, Asian markets took an upswing Wednesday on the U.S. Federal Reserve interest rate cuts.

Asian markets tumble for second day

TOKYO, Jan. 22 (UPI) -- Asian markets tumbled Tuesday on U.S. recession fears, with the Nikkei average in Japan skidding nearly 10 percent in the last two days.

Rough Monday on Asian markets

NEW YORK, Jan. 21 (UPI) -- Asian markets turned lower Monday on recession worries, despite hopes U.S. lawmakers would take action to stimulate the economy.

After see-saw trading, U.S. markets down

NEW YORK, Dec. 27 (UPI) -- After a day of see-saw trading, U.S. markets ended down Monday as investors gauged the effects of the tsunami in Southeast Asia and holiday retail sales.

U.S. stocks take another beating

NEW YORK, Sept. 23 (UPI) -- Rising oil prices and poor job numbers hammered U.S. stocks again Thursday, with the blue-chip Dow Jones industrial average closing with another big loss.

U.S.stocks choppy amid mixed economy news

NEW YORK, April 29 (UPI) -- Trading on U.S. stocks continued choppy Thursday with major indexes dropping late after mixed reports on jobless claims and the gross domestic product.

Tech stocks shining again

NEW YORK, Jan. 12 (UPI) -- Tech stocks led the way on Wall Street Monday despite languid performance in the overall market.

Asian stocks consolidate, SARS concerns

SINGAPORE, Dec. 19 (UPI) -- Asian stock markets spent the week consolidating after an initial boost from the capture of ousted Iraqi dictator Saddam Hussein.

Asian stocks end week on a weak note

SINGAPORE, Dec. 5 (UPI) -- After last week's rally, it was yet another week of consolidation for Asian markets with profit-taking on blue-chips dominating activity.

The Hang Seng Index (abbreviated: HSI, traditional Chinese: 恒生指數) is a freefloat-adjusted market capitalization-weighted stock market index in Hong Kong. It is used to record and monitor daily changes of the largest companies of the Hong Kong stock market and is the main indicator of the overall market performance in Hong Kong. These 45 companies represent about 67% of capitalization of the Hong Kong Stock Exchange.

HSI was started on November 24, 1969, and is currently compiled and maintained by HSI Services Limited, which is a wholly owned subsidiary of Hang Seng Bank, the largest bank registered and listed in Hong Kong in terms of market capitalisation. It is responsible for compiling, publishing and managing the Hang Seng Index and a range of other stock indexes, such as Hang Seng China AH Index Series, Hang Seng China Enterprises Index, Hang Seng China H-Financials Index, Hang Seng Composite Index Series, Hang Seng Freefloat Index Series and Hang Seng Total Return Index Series.

When the Hang Seng Index was first published, its base of 100 points was set equivalent to the stocks' total value as of the market close on July 31, 1964. Its all-time low is 58.61 points, reached retroactively on August 31, 1967, after the base value was established but before the publication of the index. The Hang Seng passed the 10,000 point milestone for the first time in its history on December 10, 1993 and, 13 years later, passed the 20,000 point milestone on December 28, 2006. In less than 10 months, it passed the 30,000 point milestone on October 18, 2007. Its all-time high, set on October 30, 2007, was 31,958.41 points during trading and 31,638.22 points at closing. From October 30, 2007 through March 9, 2008, the index lost 9,426 points or approximately 30%. On September 5, it fell past the 20,000 mark the first time in almost a year to a low of 19,708.39, later closing at 19,933.28. On October 8, 2008, the index closed at 15,431.73, over 50% less than the all-time high and the lowest closing value in over two years. On October 27, 2008, the index fell to 10,676.29 points, having fallen nearly two-thirds from its all-time peak.But stocks passed the 20,000 point milestone regain to 20,063.93 on 24 July 2009.

This article is licensed under the GNU Free Documentation License.
It uses material from the Wikipedia article "Heng Seng."
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