The Hong Kong stock market finished session nearly two year high on Monday, 15 May 2017, as investor sentiment lifted by optimism that regulators will temporarily soften their clean-up of the financial industry and continuous inflows from mainland China. However, topside was capped on news of the weekend's North Korean missile test and a global cybersecurity attack. Most sectors rose with financial and energy shares among the biggest gainers. The Hang Seng Index, the city's benchmark, rose for a fifth straight trading day, up 0.9% or 215.3 points to close Monday at 25,371.6, the highest level since July 24, 2015, while the Hang Seng China Enterprises Index of Chinese companies trading in the city, added 1.6%, or 167.7 points, to 10,450.4. Turnover increased to HK$81.3 billion from HK$75 billion on Friday.
Powered by Capital Market - Live News
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)