Hong Kong Market rises 0.3%

Hong Kong share market recouped early losses to finish session modest higher on Monday, 11 June 2018, ahead of a historic summit between U.S. President Donald Trump and North Korean leader Kim Jong Un on Tuesday that investors hope might pave the way to ending a nuclear stand-off on the Korean peninsula. Marker gain was, however, limited due to a G7 meeting ended in disarray and before policy meetings of the Federal Reserve and the European Central Bank. The Hang Seng index rose 0.3% to 31,063.70, while the China Enterprises Index gained 0.1% to 12,172.03. Turnover decreased to HK$77.4 billion from HK$99.8 billion on Friday. The sub-index of the Hang Seng tracking energy shares rose 0.4%, while the IT sector rose 0.99%, the financial sector was 0.3% higher and the property sector dipped 0.08%.

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