The Hang Seng Index experienced a decline at the close of trading today, primarily driven by profit-taking activities among investors. After a period of upward momentum, many investors opted to secure their gains, contributing to the downward pressure on the index.

Market sentiment was further dampened by concerns surrounding the potential for rising interest rates. The prospect of higher borrowing costs has created uncertainty among investors, leading to a more cautious approach to trading.

Global economic uncertainty also played a role in the market’s performance. Concerns about slowing growth in major economies and geopolitical risks contributed to the risk-averse sentiment observed in the market today.