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Hong Kong Hang Seng gains 0.22%

Capital Market 

The closed higher after five straight losses on Monday, 04 December 2017, with property developer Country Garden Holdings pacing gains as it began trading as a member of the Index. The day's gains was also supported by jump in the Dow Jones Industrial Average futures by 0.8% on Monday, pointing toward a likely stronger opening on Wall Street, after the U. S.

Senate approved a Republican-backed tax overhaul over the weekend. The benchmark index edged up 0.22%, or 64.04 points, to 29,138.28 and the China Enterprises Index added 0.6%, or 68.64 points, to 11,518.07. Turnover decreased to HK$108.6 billion from HK$150.5 billion on Friday.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, December 04 2017. 17:35 IST