31.03.202609:04:07UTC+00Hong Kong Stocks Post Biggest Monthly Loss in 2 Years

The Hang Seng Index inched up 0.2% on Tuesday to close at 24,788, but still registered its steepest monthly drop in more than two years. Market sentiment stayed fragile as escalating tensions in the Middle East weighed on global risk appetite, pushed oil prices higher, and stoked worries about inflation and the economic outlook. Rising bond yields and a stronger US dollar added further pressure on equities, curbing any meaningful rebound. Elsewhere in the region, stock markets also struggled for clear direction amid elevated uncertainty. Among notable movers were Tencent Holdings (+0.5%), Hong Kong Exchanges and Clearing (+1.6%), Kuaishou Technology (+0.2%), Wuxi Biologics (+5.3%), and J&T Global Express (+11.3%). Despite the day’s modest advance, the index lost 6.9% in March, its second consecutive monthly decline and its weakest monthly performance since October 2024.