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Companies & Markets

Hong Kong: Stocks jump as energy firms rally

Published Tue, Apr 24, 2018 · 08:33 AM
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[HONG KONG] Hong Kong shares rallied Tuesday, with energy firms boosted by fresh gains in oil prices, while Russian aluminium giant Rusal rocketed more than 40 per cent following a US offer to lift sanctions on the firm.

The Hang Seng Index rose 1.26 per cent, or 381.84 points, to close at 30,636.24.

The benchmark Shanghai Composite Index rallied 1.99 per cent, or 60.92 points, to 3,128.93. The Shenzhen Composite Index, which tracks stocks on China's second exchange, added 2.28 per cent, or 40.21 points, to 1,804.41.

AFP

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