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Hong Kong Stocks end with gains

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The ended higher on Friday, 16 June 2017, as investors chased for bargain hunting after the previous day's sharp losses triggered by U.S. monetary tightening. Sector performance was mixed, with financials rising, but property developers, which is vulnerable to higher borrowing costs, continuing to fall. The Hang Seng Index rose by 0.2%, or 61.15 points, to 25,626.49 by the close, although it remains 1.6%, or 403.80 points, lower on the week. The Hang Seng China Enterprises index was 0.4%, or 38.74 points, higher at 10,384.89. Daily market turnover was HK$80.69 billion, up from Thursday's HK$74.99 billion.

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

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Hong Kong Stocks end with gains

Powered by Capital Market - Live News The ended higher on Friday, 16 June 2017, as investors chased for bargain hunting after the previous day's sharp losses triggered by U.S. monetary tightening. Sector performance was mixed, with financials rising, but property developers, which is vulnerable to higher borrowing costs, continuing to fall. The Hang Seng Index rose by 0.2%, or 61.15 points, to 25,626.49 by the close, although it remains 1.6%, or 403.80 points, lower on the week. The Hang Seng China Enterprises index was 0.4%, or 38.74 points, higher at 10,384.89. Daily market turnover was HK$80.69 billion, up from Thursday's HK$74.99 billion.

Powered by Capital Market - Live News

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

image
Business Standard
177 22

Hong Kong Stocks end with gains

The ended higher on Friday, 16 June 2017, as investors chased for bargain hunting after the previous day's sharp losses triggered by U.S. monetary tightening. Sector performance was mixed, with financials rising, but property developers, which is vulnerable to higher borrowing costs, continuing to fall. The Hang Seng Index rose by 0.2%, or 61.15 points, to 25,626.49 by the close, although it remains 1.6%, or 403.80 points, lower on the week. The Hang Seng China Enterprises index was 0.4%, or 38.74 points, higher at 10,384.89. Daily market turnover was HK$80.69 billion, up from Thursday's HK$74.99 billion.

Powered by Capital Market - Live News

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

image
Business Standard
177 22