Hong Kong’s stock market will no longer close for typhoon days, aligning with global practices. While this change is expected to have a minor impact on trading volumes, experts believe other measures like lowering taxes will be more effective in attracting investors and boosting market activity.
Dell Technologies’ stock soared on Monday after being announced as a new addition to the S&P 500 index. The move is expected to boost Dell’s trading volume and liquidity, benefiting from purchases by index funds and ETFs.
Polymarket, a prediction market platform, witnessed a surge in trading activity during August 2024, with volumes reaching record highs across various political and cultural betting markets, particularly those related to the upcoming U.S. Presidential election. The platform’s monthly trading volume skyrocketed to nearly $400 million, driven by heightened interest in political outcomes and an increase in daily users.
