Hong Kong, Shanghai stocks post big gains

Floor traders work during afternoon trading at the Hong Kong Stock Exchange in a picture released August 5, 2014. — Reuters pic
Floor traders work during afternoon trading at the Hong Kong Stock Exchange in a picture released August 5, 2014. — Reuters pic

HONG KONG, May 15 — Shanghai and Hong Kong stocks ended with healthy gains today as weak data saw investors bet on fresh stimulus, while they were also buoyed by positive comments from Donald Trump regarding the trade row.

The benchmark Shanghai Composite Index rose 1.91 per cent, or 55.07 points, to 2,938.68, while the Shenzhen Composite Index, which tracks stocks on ’s second exchange, rallied 2.32 per cent, or 35.85 points, to 1,577.92.

The Hang Seng Index added 0.52 per cent, or 146.69 points, to 28,268.71. — AFP

Source: The Malay Mail Online







Leave a Reply

Your email address will not be published. Required fields are marked as *

Time limit is exhausted. Please reload CAPTCHA.