Hong Kong: Stocks rally for fourth day
[HONG KONG] Hong Kong stocks rose for the fourth day in a row on Thursday as energy firms were lifted by a surge in oil prices, while Shanghai recovered from early losses to close higher.
The Hang Seng Index rose 0.44 per cent, or 110.13 points, to 25,125.55.
The benchmark Shanghai Composite Index added 0.29 per cent, or 8.71 points, to 3,061.50 but the Shenzhen Composite Index, which tracks stocks on China's second exchange, slipped 0.19 per cent, or 3.41 points, to 1,819.15.
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
US: Nasdaq, S&P tumble as Netflix, chip stocks drag
Europe: L’Oreal gains cap third week of declines
China to facilitate Hong Kong IPOs and expand Stock Connect
Global equity funds see surge in outflows as rate cut hopes fade
Israel hits back, markets react; STI down 0.4%
Oil jumps, equities fall as Iran blasts fan Middle East tensions