You are here

Hong Kong, Shanghai: Stocks rebound to end on a high

Friday, March 11, 2016 - 16:21


[HONG KONG] Stocks in Hong Kong and Shanghai recovered from early losses Friday to end the day on a positive note as oil prices surged and traders welcomed China's decision to strengthen the yuan's reference rate against the dollar.

In Hong Kong the Hang Seng Index ended up 1.1 per cent, or 215.18 points to 20,199.60.

And the benchmark Shanghai Composite Index gained 0.20 per cent, or 5.58 points, to 2,810.31, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, eased 0.22 per cent, or 3.73 points, to 1,685.24.


Market voices on:

Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at

Powered by GET.comGetCom