Hong Kong: Stocks open higher after BoE move
[HONG KONG] Shares rose in the first few minutes of trade Friday as traders welcomed a Bank of England interest rate cut and stimulus package, while they await the release of US jobs data later in the day.
The Hang Seng Index added 0.59 per cent, or 128.82 points, to 21,961.05.
But the benchmark Shanghai Composite Index slipped 0.12 per cent, or 3.65 points, to 2,978.78, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, edged down 0.29 of a point to 1,948.62.
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
Stocks to watch: DBS, Olam, Parkway Life Reit, Japfa, CSE Global
Europe: UK’s FTSE 100 slips ahead of Fed outcome, energy stocks weigh
US: Stocks end mostly lower in volatile reaction to Federal Reserve
Why the yen is so weak and what that means for Japan
Europe: Stoxx ends lower as auto giants weigh; investors parse inflation data
US: Wall Street stocks fall as markets weigh strong wage data, Fed meeting