Hong Kong Hang Seng settles 68 points up

Hong Kong share market closed session higher after flirting with losses on Monday, 07 May 2018, as investors risk sentiments underpinned in the wake of Friday's US jobs report that reassured markets on the risks of faster rate rises by the Federal Reserve. However, market gains capped on concerns about the China-US trade spat after high-level talks in Beijing last week ended with no agreement between the two sides. Market gains led by energy firms on the back of fresh increases in oil prices. The Hang Seng Index gained 0.2%, or 67.76 points, at 29,994.26, after struggling to stay above 30,000.

Powered by Capital Market - Live News