You are here

Hong Kong, Shanghai: Stocks rise at open

36360929515612.jpg

[HONG KONG] Shares in Hong Kong and Shanghai rallied in early trade on Friday after the head of the European Central Bank suggested it would likely unveil fresh measures to stimulate the stuttering eurozone economy before the end of the year.

The benchmark Hang Seng Index in Hong Kong climbed 1.57 per cent, or 359.37 points, to 23,204.74.

And in Shanghai, the benchmark composite index gained 0.26 per cent, or 8.81 points, to 3,377.55, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, rose 0.81 per cent, or 15.90 points, to 1,975.09.

AFP

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom