Hong Kong Hang Seng gains 0.28%

The Hong Kong stock market 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 Hang Seng Index finished up 0.28%, or 84.89 points, at 30,899.53, posting its longest strong of gains since October 2012. The Hang Seng China Enterprises Index edged up 0.19%, or 23.56 points, to 12,235.19. The sub-index of the Hang Seng tracking energy shares 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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