Hong Kong Hang Seng gains 0.13% after Trump-Kim agreement

Hong Kong stock market closed higher on Tuesday, 12 June 2018, on Tuesday, 12 June 2018, following he modest gains on Wall Street overnight and as US President Donald Trump and North Korean leader Kim Jong Un signed a 'comprehensive' deal aimed at the denuclearisation of the Korean peninsula. Market gain was, however, limited ahead of major central bank policy meetings. The U.S. Federal Reserve, the European Central Bank and the Bank of Japan will all hold meetings this week. The Hang Seng Index rose 0.13%, or 39.36 points, to close at 31,103.06. The Hang Seng China Enterprises Index, also known as the H-share gauge, climbed by 0.3% to 12,206. Turnover increased to HK$87.7 billion from HK$77.4 billion on Monday.

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