Rally May Stall For Hong Kong Stock Market

(RTTNews) - The Hong Kong stock market has moved higher in three straight sessions, collecting more than 310 points or 1.8 percent along the way. The Hang Seng Index now sits just above the 17,420-point plateau although investors may lock in gains on Tuesday. The global forecast for the Asian markets suggests little movement ahead of the Federal Reserve's Monetary Policy decision later this week. The European and U.S. markets were mixed and little changed and the Asian bourses figure to follow suit. The Hang Seng finished modestly higher on Monday following gains from the financial shares and mixed performances from the property stocks and technology companies. For the day, the index improved 53.03 point or 0.