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Monday, 16 May 2011

Hang Seng Moving Down, Due to Inflation Concerns

Hong Kong stock exchange is expected to fall on Monday, with highconsumer prices in Hong Kong and China and worries about inflationcontrol tends to alienate investors.
The increase is the 5th time to reserve requirements for commercial banks in China last week signaled that erode the surplus funds infinancial systems and controls in the price is still the main priority of the authorities.
Hang Seng Index rose 0.9% to as low as 23,276.3 on Friday, meetsupport at the level of 22,949.8, before recovering to follow the development of an earthquake in Japan.
commodity market uncertainty tends to burden the commodity sector,with crude oil prices fell close to 1% related to the strengtheningdollar on Monday morning.

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Posted by Sentra Investasi Jogjakarta at Monday, May 16, 2011
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