Hong Kong: Stocks extend winning streak on US jobs data
[HONG KONG] Hong Kong stocks soared almost two per cent on Monday, building on a rally at the end of last week, after the release of forecast-beating US jobs data.
The Hang Seng Index jumped 1.93 per cent, or 598.12 points, to end at 31,594.33.
The benchmark Shanghai Composite Index climbed 0.59 per cent, or 19.53 points, to 3,326.70 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, rallied 1.24 per cent, or 23.46 points, to 1,908.84.
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
Europe: Stoxx 600 logs best day in three months as banks shine
US: Stocks rally after strong tech results
Mixed trading in Asia as investors watch for further macro data; STI down 0.2%
Vietnam delays launch of new stock trading system
Hong Kong bourse regains favour on hopes of a market revival
Asia: Markets rise as strong US tech earnings offset poor data