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Hong Kong: Shares close higher, helped by calmer mainland market

Tuesday, December 29, 2015 - 16:22

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Hong Kong's benchmark index bounced off fresh 2-1/2 lows hit after a Wall Street slide on Thursday, paring losses after a sharp rebound in mainland stocks eased the gloom stemming from a tumble in global stocks.

[HONG KONG] Hong Kong stocks ended modestly higher on Tuesday, helped by calmer trading in mainland China after a sharp fall in the previous session.

The Hang Seng index rose 0.4 per cent, to 21,999.62, while the China Enterprises Index was unchanged at 9,788.91 points.

Most sectors ended the session firmer, but trading was thin with many players away for year-end holidays.

China's major stock indexes ended 0.9 per cent higher, recouping some of their more than 2 per cent slide on Monday.

REUTERS

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