Hong Kong, Shanghai: Stocks climb on post-Brexit stimulus hopes
[HONG KONG] Hong Kong stocks rebounded at Wednesday's open, tracking another Asian rally, on hopes governments and central banks will unveil fresh stimulus to offset the impact of Britain's decision to leave the EU.
The Hang Seng Index added 0.68 per cent, or 136.53 points, to 20,308.99.
And the benchmark Shanghai Composite Index edged up 0.20 per cent, or 5.97 points, to 2,918.53, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, added 0.36 per cent, or 7.03 points, to 1,977.41.
AFP
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Capital Markets & Currencies
Banks slip on Wednesday as STI falls 1.1%
Asia: Markets mixed as traders weigh rates outlook
SGX securities turnover jumps 37% in April; derivatives activity continues to gain ground
Singapore shares dip at Wednesday’s open; STI down 0.4%
Stocks to watch: UOB, DBS, Olam, Far East Orchard, Daiwa House Logistics Trust, Manulife US Reit
Europe: Shares close at record highs on financials boost