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Home International Markets

Hong Kong stocks jump in early trade, Hang Seng advances 244.64pts

byCustoms Today Report
08/05/2015
in International Markets
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HONG KONG: Hong Kong rallied in early trade Friday, recovering some ground from steep losses sustained earlier in the week.

The Hang Seng index rose 244.64 points, or 0.90 per cent, to 27,534.61 shortly after the opening bell.

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Chinese shares were also higher Friday, ahead of the release of trade data for April, dealers said.

The benchmark Shanghai Composite Index rose 1.34 per cent, or 55.13 points, to 4,167.34.

The Shenzhen Composite Index, which tracks stocks on China’s second exchange, gained 1.48 per cent, or 32.28 points, to 2,213.58.

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