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Hong Kong stocks end 0.43 higher, Hang Seng advances 102.78pts

byCustoms Today Report
13/08/2015
in Uncategorized
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HONG KONG: Hong Kong stocks have ended up 0.43 per cent and Shanghai shares closed up 1.76 per cent after China reassured markets it would not allow the yuan to plummet following a surprise devaluation this week.

The benchmark Hang Seng Index on Thursday added 102.78 points to end the day at 24,018.8 on turnover of $HK86.81 billion ($A15.18 billion).

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The benchmark Shanghai Composite Index rose 68.24 points to 3,954.56 on turnover of 577.4 billion yuan ($A122.25 billion).

The Shenzhen Composite Index, which tracks stocks on China’s second exchange, added 2.21 per cent, or 49.61 points, to 2,298.79 on turnover of 497.7 billion yuan.

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