Hang Seng Index flat as tech selloff continues amid regional market declines
Hong Kong's Hang Seng Index inched up 15 points in early trading on Monday, while the Hang Seng Tech Index fell 1.3 per cent. Japan's Nikkei 225 slid for a third straight session. Oil prices dropped from a six-month high after reports of Qatari-US mediation with Tehran following Houthi attacks on Sa
The Hang Seng Index was flat in the early morning trading session on Monday, as tech shares dropped following a weaker Wall Street session last week. The benchmark Hang Seng Index inched up by 15 points to 23,108 points, while the Hang Seng Tech Index was down by 1.3 per cent to around 3,820 points.
Japan's Nikkei 225 slid 0.43 per cent to 62,425.47 in morning trade, down for a third straight session and poised for its lowest close since 30 July. The broader Topix gained 0.48 per cent to 3,984.74.
Oil prices slid from a six-month high on Monday after reports that Qatari mediators visited Tehran to seek de-escalation in coordination with the United States, following intensified Houthi attacks on Saudi Arabia that had stoked supply concerns.