Hong Kong: Stocks rise at open
[HONG KONG] Hong Kong stocks opened higher Monday after Donald Trump said he saw an end to escalating trade tensions with China, while a below-forecast US jobs report last week tempered worries about a sharp rise in interest rates.
The Hang Seng Index added 0.87 per cent, or 259.38 points, to 30,104.32.
But the benchmark Shanghai Composite Index shed 0.18 per cent, or 5.67 points, to 3,125.44, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, lost 0.34 per cent, or 6.20 points, to 1,825.50.
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
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
Singapore shares open lower on Friday; STI down 0.1%
Stocks to watch: CLI, Great Eastern, MIT, Sheng Siong, iFast, OUE, Far East Orchard