Hong Kong: Stocks open with further gains
[HONG KONG] Hong Kong stocks rose soon after opening on Friday morning, tracking a healthy lead from Wall Street, where investors cheered the Federal Reserve's dovish outlook for interest rates.
The Hang Seng Index added 0.35 per cent, or 101.77 points, to 29,173.33.
The benchmark Shanghai Composite Index was barely moved, inching down 0.73 points to 3,100.73, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, was also flat, edging 2.19 points higher to 9,871.99.
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
China reiterates need for steady yuan amid fragile confidence
Singapore shares climb at Thursday’s open; STI up 0.3%
Stocks to watch: CDL, DFI Retail Group, Cordlife, First Resources
US: Wall Street slips as dour earnings, chip stocks weigh
Europe: Adidas, LVMH steer shares higher on earnings relief
Rebound relief for Asian stocks; STI up 0.3% led by DBS, UOB