Hang SengHSI50

Daily Market Briefing

Bullish

Hang Seng Index rises 0.3% to 24,345 points as oil stocks rally

On October 13, 2026, the Hang Seng Index closed at 24,345 points, up 0.3% from the previous day. The rally was driven by a surge in oil stocks, with PetroChina leading the gains. However, technology stocks continued to face pressure, with the Hang Seng Tech Index declining by 0.8%.

Key points

  • PetroChina's 3.7% increase bolstered the index amid rising oil prices.
  • Hang Seng Tech Index fell 0.8%, reflecting ongoing weakness in technology stocks.
  • Market breadth was negative, with 961 advancing stocks and 1,394 declining stocks.

Sources

AI-generated from public news sources. Not financial advice.

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