Hang Seng Closes at 24,214 as Tuesday Outlook Turns Neutral

The Hang Seng Index closed Monday at 24,213.72, up 0.16%, extending its modest two-day gain after Friday’s 0.60% advance to 24,175.12. Positive momentum from U.S. tech and easing oil prices supported the index on Monday, lifting it 7.7% above its yearly low. However, renewed Middle East tensions drove WTI crude up nearly 10% and triggered sharp Wall Street declines, particularly in technology shares, setting a cautious tone for Tuesday trading. With key China data and U.S. bank earnings due later in the week, sentiment remains mixed as the index consolidates near resistance at 24,125.