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Southbound Funds Bottom Fish; Southbound Capital Net Inflow $33B+ After Midday; HSI Narrows Loss to 360 Pts
Recommend 12 Positive 12 Negative 5 |
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International oil prices plummeted from their highs, with southbound capital net inflows exceeding $33 billion after midday and the latest net inflow being $33.044 billion. The HSI opened 681 points lower, and once dipped 851 points to a low of 24,906 in the early session. The G7 and the International Energy Agency (IKA) will hold a meeting to discuss the release of oil reserves, the Financial Times quoted sources as saying. The HSI once narrowed its decline to 342 points, and stood at 25,414. It last shed 363 points or 1.4% to 25,393. The HSTECH ebbed 10 points or 0.2% to 4,937, with a market turnover of $350.7 billion. AAStocks Financial News Website: www.aastocks.com |
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