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Hong Kong Hang Seng gains 0.28%

Capital Market 

The finished firmer for 10th straight session in volatile trade on Monday, 08 January 2018, aided by bullish sentiment in global equity markets, and inbound investment from the mainland, with shares of property developers being notable gainers offsetting declines in financials. The Index finished up 0.28%, or 84.89 points, at 30,899.53, posting its longest strong of gains since October 2012.

The China Enterprises Index edged up 0.19%, or 23.56 points, to 12,235.19. The sub-index of the tracking rose 0.8% while the IT sector rose 0.94%, the financial sector was 0.2% lower and property sector rose 1.56%. Turnover increased to HK$133.8 billion from HK$125 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, January 08 2018. 17:47 IST