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Companies & Markets

Hong Kong: Shares climb on oil rally, US gains

Published Fri, Feb 5, 2016 · 08:21 AM
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[HONG KONG] Hong Kong stocks ended on a high on Friday as energy firms rose in line with a pick-up in oil prices and following gains in New York as expectations of another US interest rate hike faded.

The Hang Seng Index rose 0.55 per cent, or 105.08 points, to close at 19,288.17.

In Shanghai the benchmark composite index lost 0.63 per cent, or 17.53 points, to 2,763.49 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, slid 1.15 per cent, or 20.37 points, to 1,750.70.

AFP

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