Hong Kong, Shanghai: Stocks rise at open
[HONG KONG] Shares in Hong Kong and Shanghai rose in the first few minutes of trade on Monday following a strong US jobs report late last week while investors weigh China's decision to lower its economic growth outlook for this year.
Hong Kong's Hang Seng Index added 0.64 per cent, or 129.39 points, to 20,306.09.
The benchmark Shanghai Composite Index edged up 0.43 per cent, or 12.49 points, to 2,886.64, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, gained 1.01 per cent, or 17.21 points, to 1,724.18.
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
Asia: Stocks rise on earnings optimism as US data approaches
Singapore stocks climb at Wednesday’s open; STI up 0.4%
Stocks to watch: MPACT, CapitaLand Ascott Trust, Hotel Properties, OUE Reit, CLCT
Europe: Tech, retail stocks boost Stoxx 600 to one-week high
US: Stocks climb for second straight day
Euro at highest to yen since 2008, markets nervy over Tokyo stepping in