India, June 11 -- The Hong Kong stock market has moved lower in seven straight sessions, slumping almost 1,700 points or 7.2 percent along the way. The Hang Seng Index now sits just beneath the 24,250-point plateau although its overdue for support on Friday.
The global forecast for the Asian markets is upbeat after the United States said it would hold off on fresh attacks in Iran. The European and U.S. markets were up and the Asian bourses are expected to follow them to the upside.
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