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Hong Kong Hang Seng closes at all-time high

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Capital Market
The Hong Kong stock market finished session higher on Tuesday, 16 January 2018, boosted by a flood of cash from mainland Chinese investors and a worldwide surge in optimism about the global economy. Most of sectors inclined, with shares of resources and information technology firms led rally. The Hang Seng Index advanced 1.8% to end at 31,904.75, the best all-time finish and within striking distance of the historical level of 31,958, reached intra-day on October 30, 2007. The Hang Seng China Enterprises Index climbed 2.54%, or 316.86 points, to 12,787.28. Turnover decreased slightly to HK$164.6 billion from HK$168.6 billion on Monday.

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First Published: Jan 16 2018 | 5:41 PM IST

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