India, May 3 -- Ahead of Friday's holiday for Labor Day, the Hong Kong stock market had turned lower again on Wednesday, one day after ending the two-day slide in which it had slumped almost 300 points or 1.2 percent. The Hang Seng Index now rests just above the 25,775-point plateau although it's tipped to open to the upside on Monday.
The global forecast for the Asian markets is cautiously optimistic on strength from the technology stocks and easing crude oil prices. The European and U.S. markets were mixed to higher and the Asian markets are likely to open in similar fashion.
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