Hong Kong, Shanghai: Stocks build on gains
[HONG KONG] Hong Kong and Shanghai stocks jumped on Monday, extending last week's rally after leading central banks around the world pledged support for financial markets following Britain's shock decision to leave the European Union.
The Hang Seng Index rose 1.27 per cent, or 264.83 points, to close at 21,059.2.
The benchmark Shanghai Composite Index added 1.91 per cent, or 56.12 points, to 2,988.60 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, rose 1.57 per cent, or 30.97 points, to 2,001.69.
AFP
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Capital Markets & Currencies
Asia: Markets track Wall Street higher as rate hopes rise, eyes on US jobs
H2G Green chief to stand trial on Aug 5 amid MOM probe
Singapore shares climb at Friday’s open; STI up 0.2%
Stocks to watch: DBS, KIT, Clint, Elite Commercial Reit
Europe: Shares ease after Federal Reserve decision, mixed earnings
US: Tech shares lead stocks higher