Today: 11 June 2026
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HKG:2685 27 November 2025

Fed-Cut Hopes Keep Hong Kong Stocks Afloat as Quantgroup IPO Soars and Property Fears Linger

Fed-Cut Hopes Keep Hong Kong Stocks Afloat as Quantgroup IPO Soars and Property Fears Linger

The Hang Seng Index closed up 0.07% at 25,945.93 on Thursday, marking a fourth straight gain but stalling just below 26,000. Gains in financial and consumer stocks offset losses in tech and property shares. China Vanke dropped nearly 8% after seeking to extend bond repayment. At least 55 died in a fire at Wang Fuk Court, with China Taiping Insurance shares volatile on fears of large claims.

Stock Market Today

  • Indian Shares Set to Open Lower Amid Middle East Tensions and U.S. Inflation Surge
    June 11, 2026, 12:32 AM EDT. Indian shares are expected to open lower on Thursday due to heightened tensions in the Middle East and a sharp increase in U.S. inflation. The Middle East escalation has stoked geopolitical risks, while the inflation jump undermines investor confidence globally, leading to a risk-off sentiment across equity markets. These factors are weighing on market sentiment in India, reflecting broader concerns over economic stability and investor risk appetite.

Latest articles

Tech stocks slide after hours, Oracle’s AI spending draws focus

Tech stocks slide after hours, Oracle’s AI spending draws focus

11 June 2026
Semiconductor stocks plunged 3.6%, dragging the S&P 500 technology sector into correction territory—down 11% from its June 2 record—as investors punished AI-linked companies like Oracle and Super Micro Computer for heavy spending and capital raises, signaling a shift in risk appetite amid rising inflation and escalating U.S.-Iran tensions.
Murphy USA Shares Spike 10% After Casey’s Margin Surge Rattles Gas Station Sector

Murphy USA Shares Spike 10% After Casey’s Margin Surge Rattles Gas Station Sector

11 June 2026
Murphy USA soared 10.04% to $612.16 as investors seized on Casey’s General Stores’ stronger-than-expected fuel margins, spotlighting sector-wide pump profitability; with Murphy’s own first-quarter fuel contribution up 40.6% and margins at 35.0 cents per gallon, the stock’s jump reflects bets that high margins will persist, though volatility in fuel prices remains a key risk.
Sky Quarry Jumps in After-Hours; Traders Eye June Refinery Restart

Sky Quarry Jumps in After-Hours; Traders Eye June Refinery Restart

11 June 2026
Sky Quarry soared 22.44% to $1.91 on record volume, then jumped to $2.38 after hours, as investors bet on a June refinery restart after repairs and a feedstock shortage crushed Q1 revenue to $383; with just $66,828 in cash and “substantial doubt” about its ability to continue, the stock’s fate hinges on hitting its June production target.
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