Hang Seng 50 Index
The Hang Seng 50 Index tracks the market capitalization of the top 50 companies that are listed on the Hong Kong Stock Exchange Market. The companies listed are also selected from the most profitable economic sectors in Hong Kong.
The HANG SENG 50 Index Chart
The HANG SENG 50 Index chart is shown above. On the example above this Index is named as HK50CASH. As a trader you want to find a broker that provides this The HANG SENG 50 Index chart so that you can start to trade it. The example above is of HANG SENG 50 Index on the MT4 FX and Indices Platform .
Other Information about HANG SENG 50 Index
Official Symbol - HSI:IND
The 50 component stocks that make up the HANG SENG 50 Index are picked from the top companies in Hong Kong. The 50 stocks make up most of the turnover volume in the Hong Kong Stock Exchange Market. The companies listed on this index represent a total of 60 % market capitalization of all securities listed in the Hong Kong Stock Exchange Market.
Strategy for Trading HANG SENG 50 Index
The HANG SENG 50 Index tracks the capitalization of the top 50 companies in Hong Kong. This index generally moves up over the long term but it's more volatile in its trend movements. When compared to other indices such as EURO STOXX & DAX 30 which have lower volatility in their trend movements, this index has wider swings in its trend movements.
Over a long period of time this index will generally move upwards, as a trader you want to be biased & keep buying as the index moves up.
A good strategy would be to keep buying the dips - although as a trader wanting to trade this index, be prepared for generally much wider swings when it comes to trading this index.
Contracts and Specifications
Margin Required Per 1 Lot - HKD 450
Value per 1 Pip - HKD 1
Note: Even though the general trend is generally upwards, as a trader you have to factor in the daily market volatility, on some days the stocks might oscillate or even retrace, the retracement may also be significant at times & therefore as a trader you need to time your entry precisely using this trading strategy: Stock indices trading strategy & at the same time use proper money management principles just in case of more unexpected volatility in the market trend. About money management principles lessons: What is equity management and money management methods.
