Hong Kong: Stocks end sharply higher

[HONG KONG] Hong Kong shares ended the week on a high Friday as traders welcomed a Bank of England interest rate cut and surprise stimulus, while they await the release of US jobs data later in the day.

The Hang Seng Index rose 1.44 per cent, or 313.86 points, to end the day on 22,146.09.

But the benchmark Shanghai Composite Index fell 0.19 per cent, or 5.73 points, to 2,976.70 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, lost 0.37 per cent, or 7.30 points, to 1,941.61.

AFP