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Hong Kong: Stocks end higher on Fed outlook

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[HONG KONG] Hong Kong stocks edged up Thursday after the Federal Reserve gave an optimistic outlook of the world economy, but gains were tempered by disappointment at Japan's refusal to beef up its stimulus.

The Hang Seng Index in Hong Kong added 0.12 per cent, or 26.43 points, to 21,388.03.

The benchmark Shanghai Composite Index fell 0.27 per cent, or 8.08 points, to 2,945.59 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, slipped 0.12 per cent, or 2.20 points, to 1,874.31.

AFP