Hang Seng Index Bull-Bear Street Position Ratio Reaches 51:49 as of August 5

Stock News06:45

As of August 5, the latest street position ratio for the Hang Seng Index stands at 51:49, favoring bulls.

Data from the bull-bear warrant distribution chart shows the heavy accumulation zone for bear warrants is in the 26,300-26,399 range, with 945 contracts currently held there, a decrease of 139 from the previous trading day. The highest new additions to bear positions occurred in the 26,200-26,299 range, increasing by 58 contracts to reach a total of 820.

For bull warrants, the main concentration is in the 25,200-25,299 range, totaling 655 contracts, which is an increase of 114 from the prior session. The most significant new growth in bull positions was seen in the 25,500-25,599 range, rising by 239 contracts to 423.

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