Hong Kong stocks close week with healthy gains

Business & Finance
1 Nov 2019 • 4:23 PM MYT
Malay Mail
Malay Mail

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People stand in front of an electronic board showing a China stocks advertisement outside a brokerage in Tokyo September 11, 2018. — Reuters pic

HONG KONG, Nov 1 — Hong Kong and mainland Chinese stocks ended the week on a positive note today as dealers brushed off early worries about trade talks, while a forecast-beating reading on manufacturing activity provided a boost.

The Hang Seng Index added 0.72 per cent, or 194.04 points, to 27,100.76.

The benchmark Shanghai Composite Index jumped 0.99 per cent, or 29.14 points higher, to 2,958.20 and the Shenzhen Composite Index, which tracks stocks on China’s second exchange, rose 1.29 per cent, or 20.81 points, to 1,637.00. — AFP