You are here

Hong Kong: Shares end 1.96% higher

Friday, May 15, 2015 - 16:17

HKBloomberg0606.jpg

[HONG KONG] Hong Kong stocks rallied almost two per cent on Friday following a record close on Wall Street and on speculation authorities will soon announce a tie-up between the city's index and Shenzhen's.

The benchmark Hang Seng Index rose 1.96 per cent, or 535.73 points, to 27,822.28 on turnover of HK$137.82 billion (US$17.78 billion).

But in mainland China the benchmark Shanghai Composite Index fell 1.59 per cent, or 69.62 points, to 4,308.69 on turnover of 666.0 billion yuan (US$109.0 billion).

The Shenzhen Composite Index, which tracks stocks on China's second exchange, lost 0.47 per cent, or 11.44 points, to 2,442.76 on turnover of 640.3 billion yuan.

AFP

sentifi.com

Market voices on:

Nespresso
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 btsub.sg/btdeal

Powered by GET.comGetCom