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Hang Seng ups 0.21%

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Capital Market
Hong Kong stock market ended higher in volatile trade on Wednesday, 15 April 2015, amid reports that Chinese and Hong Kong are considering loosening rules that have blocked small mainland investors from putting their cash in the Hong Kong stock market. But the gains were capped after data showed China's economic growth declined to a six-year low in the first quarter. The benchmark index opened 131 points higher and rose up to 246 points, but failed to hold momentum after China's weak GDP data. The Hang Seng Index recovered 57.33 points, or 0.21% to 27618.82, after retreating on Tuesday from a seven-year high of 28,016.34. Turnover reduced to HK$216.15 billion from HK$237.6 billion on Tuesday.

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First Published: Apr 15 2015 | 3:57 PM IST

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