🔻The $HSTECH(HSTECH)$ index is trading down 2% to 5,950 as of 1PM while the HSI is down 1% to sit just above the 26,000 level after China published a October manufacturing PMI data figure that dropped to 49, which suggests a contraction in Chinese factory activity - the first time since April 2025
📉Both indices are on track for their first monthly drop since April when global tariffs were first declared
🛒Investors are buying into HSI November call warrant $HSI 28600MBeCW251127(IZYW.SI)$ (https://warrants.com.sg/tools/livematrix/IZYW) which is trading 25.8% lower to SGD 0.023, as well as trending Dec call warrant $HSI 29200MBeCW251230(VTTW.SI)$ (https://warrants.com.sg/tools/livematrix/VTTW) which is down 15.2%
🆙Meanwhile, the Nikkei225 continues its upward surge as it advances another 1.74% to 52,325 as of 109PM, as Tokyo published its CPI which picked up pace to 2.8% in October. Inflation has now remained at or above the central bank’s target for nearly four years. The Bank of Japan left rates unchanged yesterday
✳✴Today's move brings the Nikkei225's total gains this month to 17.2%, while trending Nikkei225 call warrant $NKY 50000MBeCW260313(TTBW.SI)$ (https://warrants.com.sg/tools/livematrix/TTBW) is up 206% to SGD 0.230 as of 110PM today, while trending Nikkei225 put warrant $NKY 46000MBePW260313(RHJW.SI)$ (https://warrants.com.sg/tools/livematrix/RHJW) is down 63.2% to SGD 0.067 over the same period
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