India, June 14 -- The Hong Kong stock market on Friday wrote a finish to the seven-day losing streak in which it had tumbled almost 1,700 points or 7.2 percent. The Hang Seng Index now sits just beneath the 24,720-point plateau and it's expected to add to its winnings on Monday.
The global forecast for the Asian markets is cautiously optimistic on hopes for an end to the conflict in the Middle East. The European and U.S. markets were up and the Asian bourses are expected to open in similar fashion. The Hang Seng finished sharply higher on Friday following gains from the financial shares, resource stocks and technology companies.
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