Hong Kong Market settles in green

The Hong Kong stock market finished higher in volatile trade on Friday, 06 April 2018, as investors chased for bottom fishing following recent slumps. However, market gain was limited as investors fretted about the damaging impact of a full-scale US-China trade war on global trade and economic growth. Trade tensions returned to the fore after Trump said late on Thursday that he had instructed US trade officials to consider $100 billion in additional tariffs on China, keeping the trade dispute between the world's two economic superpowers on the boil. The Hang Seng Index advanced 1.1%, or 326.25 points, to close at 29,844.94. The China's H-shares index closed up 0.9% at 11,967.66. Turnover decreased to HK$98.6 billion from HK$116.6 billion on Wednesday. The local stock market closed yesterday on a public holiday.

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