Hong Kong: Shares end 1.07% higher

[HONG KONG] Hong Kong stocks climbed 1.07 per cent Friday, buoyed by news of an agreement to bring an end to Ukraine's 10-month conflict and hopes Greece would reach a deal to restructure its debt.

The benchmark Hang Seng Index jumped 260.39 points to 24,682.54 on turnover of HK$71.70 billion (US $9.25 billion).

In mainland China, the benchmark Shanghai Composite Index rallied 0.96 per cent, or 30.41 points, to 3,203.83 on turnover of 293.0 billion yuan (US$47.0 billion). The market gained 4.16 per cent over the week.

The Shenzhen Composite Index, which tracks stocks on China's second exchange, jumped 1.60 per cent, or 24.76 points, to 1,569.56 on turnover of 260.0 billion yuan. It rose 4.97 per cent for the week.

AFP