You are here

Hong Kong shares rise but still wary of Fed, Brexit vote

09_05_2016 - HANG SENG-RESULTS_.jpg

[HONG KONG] Hong Kong shares reversed earlier losses and ended slightly higher on Monday, supported by gains in energy and materials shares as oil and metal prices rose.

But investors remained cautious about prospects for a US interest rate hike this summer, despite Friday's disappointing jobs report, and are anxious over Britain's June 23 vote on whether to remain in the EU.

The Hang Seng index rose 0.4 per cent to 21,030.22 points, while the China Enterprises Index gained 0.6 per cent to 8,865.35 points.

REUTERS

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