Hong Kong: Stocks end almost 3% higher

[HONG KONG] Hong Kong stocks ended the week with a bang on Friday, surging almost three per cent on hopes for fresh stimulus measures from Japan and the eurozone, while energy firms were boosted by a rally in oil prices.

The Hang Seng Index soared 2.90 per cent, or 538.36 points, to 19,080.51.

In Shanghai, the benchmark composite index rose 1.25 per cent, or 36.08 points, to 2,916.56 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, jumped 1.46 per cent, or 26.35 points, to 1,827.34.

AFP