Hang Seng climbs to 45-month highs

Hong Kong share market advanced for eighth straight session on Thursday, 31 July 2014, closing at highest level in 45-months, as sentiment remained positive after the Fed said rates would remain low for a considerable time, and the HKMA continued injecting liquidity into the market. The benchmark Hang Seng Index climbed up 24.64 points, or 0.1%, to 24756.85, the highest close since 8 November 2010, when it finished at 24964.37. Turnover decreased to HK$84 billion from yesterday's HK$100.13 billion. The index was 6.8% up this month.

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