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Hong Kong: Stocks rally on Opec agreement

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[HONG KONG] Hong Kong stocks rallied with most other Asian markets Thursday morning, led by energy firms after Opec reached a last-minute deal to cut oil production in a bid to support prices.

The Hang Seng index added 0.40 per cent, or 90.77 points, to 22,880.54 soon after opening.

The benchmark Shanghai Composite Index added 0.22 per cent, or seven points, to 3,257.03 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, gained 0.15 per cent, or 3.13 points, to 2,110.04.

AFP