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Hong Kong market extends rally

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Capital Market
The Hong Kong stock market extended gains for second consecutive day, Friday, 17 July 2015, on tracking strong rally on the Wall Street overnight and Mainland China A-share markets today. Buying sentiment has also perked up as worries about a Greek exit from the euro have melted away. The Hang Seng Index rallied 252.49 points, or 1%, to finish at 25415.27 points, off an intra-day low of 25183.86. The Hang Seng China Enterprises Index, benchmark measure of performance of mainland China enterprises, gained 101.06 points, or 0.86%, to 11850.14 points. Turnover increased slightly to HK$95.1 billion from HK$91.6 billion on Thursday.

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First Published: Jul 17 2015 | 3:46 PM IST

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