Hong Kong Stock Movement | Sinopec (00386) Drops Over 4% Again Amid Market Concerns Over Crude Oil Supply Disruptions; UBS Group Indicates High Oil Prices Could Pressure Sinopec’s Profitability

    Sinopec (00386) fell more than 4% again. As of the time of writing, it dropped 3.61%, trading at HKD 4.8 with a turnover of HKD 8.67 billion. According to Zhitong Finance, Sinopec (00386) fell more than 4% again. As of the time of writing, it dropped 3.61%, trading at HKD 4.8 with a turnover of…

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    Chart Analysis AUD/USD

      AUD/USD turns south, trades below 0.7100

      AUD/USD turned lower on Thursday, retreating from the multi-year peak of 0.7187 achieved on Wednesday. The Greenback hedged sharply higher as the Middle East war intensified, pushing Oil prices up and fuelling demand for the safe-haven US Dollar (USD). As the American session comes to an end, AUD/USD trades in the 0.7070 price zone. Oil…

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