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Hong Kong Market climb on solid China trade, Fed signal

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Capital Market
The Hong Kong stock market ended higher fourth straight session on Thursday, 13 July 2017, bolstered by China's solid trade data and Federal Reserve Chair Janet Yellen's signal to adopt a patient approach in the current U.S. rate-tightening phase. All main sectors rose, with raw materials, consumer and energy shares leading the gain. The Hang Seng index jumped 1.2 percent, to 26,346.17, while the China Enterprises Index gained 1.5 percent, to 10,677.44 points. Turnover increased to HK$96.3 billion from HK$86 billion on Wednesday.

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First Published: Jul 13 2017 | 5:18 PM IST

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