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Hong Kong Market climb on solid China trade, Fed signal

Capital Market 

The ended higher fourth straight session on Thursday, 13 July 2017, bolstered by China's solid trade data and Federal Reserve Chair Janet Yellen's signal to adopt a patient approach in the current U. S. rate-tightening phase.

All main sectors rose, with raw materials, consumer and energy shares leading the gain. The Hang Seng index jumped 1.2 percent, to 26,346.17, while the Enterprises Index gained 1.5 percent, to 10,677.44 points. Turnover increased to HK$96.3 billion from HK$86 billion on Wednesday.

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

First Published: Thu, July 13 2017. 17:18 IST