You are here

Shanghai, Hong Kong: Shares close higher

Monday, May 11, 2015 - 16:19

HKBloomberg0606.jpg

[HONG KONG] Shares in Hong Kong and mainland China rallied Monday after Beijing announced another interest rate cut, while a strong US jobs report also provided support.

Hong Kong's benchmark Hang Seng Index added 0.51 per cent, or 140.86 points, to 27,718.20 on turnover of HK$130.97 billion (US$16.90 billion).

In mainland China the benchmark Shanghai Composite Index jumped 3.04 per cent, or 127.66 points, to 4,333.58 on turnover of 715.2 billion yuan (US$117.0 billion).

The Shenzhen Composite Index, which tracks stocks on China's second exchange, gained 4.48 per cent, or 101.75 points, to 2,373.92 on turnover of 668.7 billion yuan.

AFP

sentifi.com

Market voices on:

Powered by GET.comGetCom