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Hong Kong market closed higher

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Capital Market
The Hong Kong stock market ended edge higher in quiet trade on Monday, 21 December 2015, as strength in the Chinese equity market helped investors shrug off the gloom in U.S. and European stocks. The benchmark index opened down 114 points at 21,641, which marked the intra-day low. It quickly recovered the lost ground and soared as much as 115 points at one stage to an intra-day high of 21,871 on the back of higher Shanghai market. Most of sectors advanced, with financial stocks being major gainer. The benchmark Hang Seng Index advanced 36.12 points, or 0.17%, to 21791.68 points. The Hang Seng China Enterprises Index, benchmark measure of performance of mainland China enterprises, gained 112.58 points, or 1.17%, to 9746.991 points.

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First Published: Dec 21 2015 | 6:11 PM IST

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