Hong Kong, Shanghai: Stocks extend gains
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[HONG KONG] Hong Kong and Shanghai stocks climbed Friday soon after opening, extending gains in New York after the Federal Reserve scaled back its expectations for raising interest rates this year.
The Hang Seng Index climbed 0.43 per cent, or 88.54 points, to 20,592.35.
In Shanghai the composite index was up 0.37 per cent, or 10.69 points, to 2,915.52 while the Shenzhen Composite Index, which tracks stocks on China's second exchange, also rose 0.45 per cent, or 8.02 points, to 1,780.45.
AFP
Share with us your feedback on BT's products and services
TRENDING NOW
Ministry of Home Affairs Permanent Secretary Pang Kin Keong to retire
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
