what do the statements mean?
2007-01-17 05:24:52 · 3 answers · asked by Anonymous in Business & Finance ➔ Investing
The Hang Seng index is the main index of the Hong Kong stock exchange. It has sub-indices.
There are several stock exchanges in mainland China. Foremost among these are the Shanghai and Shenzhen exchanges.
The Sensex is the main index of the Bombay stock exchange, oldest in India. Again, there are other Indian stock exchanges.
Every foreign market has at least one, usually several, sometimes many, index or indices. It's a good idea to keep an eye on them.
With respect to the Hong Kong and Bombay markets, and for that matter every Asian market, these close around 2 am EST in North America. The trading day will be the same day, because of the mid-pacific international date line. Not all media pick up "today's" date when reporting Asian index closings. Sometimes they are reporting the previous day's close. One should make sure one's source is reporting today's close.
2007-01-17 08:58:15 · answer #1 · answered by strath 3 · 0⤊ 0⤋
It means the price of Hang Seng stock today is 23004, up 23.4 from the previous day.
2007-01-17 13:32:14 · answer #2 · answered by EC 3 · 0⤊ 0⤋
hang seng is the Chinese version of a stock index like the dow. It is just like saying the dow jones industrial index closed yesterday at 12582 up 24 points.
2007-01-17 14:15:59 · answer #3 · answered by gosh137 6 · 0⤊ 0⤋