DAILY MARKET UPDATE

November 29, 2022

Stocks in Hong Kong closed at session highs after Chinese health authorities reported an uptick in senior vaccination rates. Vaccinating more older people is considered key to reopening the economy, which is struggling with sporadic lockdowns across the country. There has been some speculation that some kind of change to China’s zero-Covid policy could be announced given unrest over continuing lockdowns. China saw a drop in the number of daily infections Monday for the first time in more than a week. European bourses closed fractionally lower on Tuesday after a choppy session. Likewise, North American stock markets saw choppy trading on Tuesday in advance of some key economic data in the coming days and remarks by the Fed Chairman on Wednesday afternoon. 

* Nikkei -0.55%

* Shanghai Composite -1.17%
* Hang Seng -2.14%
* DAX -0.19%
* FTSE +0.51%
* CAC +0.00%
* DJIA +0.01%
* S&P 500 -0.16%
* Nasdaq -0.59%
* Russell 2000 +0.12%
* BSD Global Tech Hedge Fund -0.42%