Hong Kong stocks finish week on positive note
[HONG KONG] Hong Kong shares ended the week with a healthy rise on Friday as investors look ahead to a key speech later in the day by Federal Reserve boss Jerome Powell hoping for hints at further interest rate cuts.
The Hang Seng Index jumped 0.50 per cent, or 130.61 points, to 26,179.33.
The benchmark Shanghai Composite Index climbed 0.49 per cent, or 13.99 points, to 2,897.43 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, was barely moved, inching down 0.21 points to 1,578.70.
AFP
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
South Korea readies new system to detect illegal short-selling
Asia: Markets mixed as global rally stalls, eyes on yen
Singapore shares retreat at Thursday’s open; STI down 1.1%
Stocks to watch: Keppel, FCT, Suntec Reit, OUE Reit, Clint, Digital Core Reit, OKP, Cordlife
Europe: Stoxx 600 falls on banks drag; tech contains losses on ASMI boost
US: Stocks end flat ahead of key inflation data