HK Stock Movement | PACIFIC BASIN (02343) Falls Over 4% Again as BDI Hits Near One-Month Low

Stock News12-15

PACIFIC BASIN (02343) dropped more than 4% again, declining 4.08% to HK$2.35 by the time of writing, with a turnover of HK$78.39 million. The Baltic Dry Index (BDI) continued its downward trend last Friday, hitting a near one-month low, dragged down by declines across all vessel types. The BDI fell 89 points, or 3.88%, to 2,205 points—the lowest level since November 17—marking a weekly decline of 15.9%, its worst performance since January 20.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment