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Hong Kong market ends higher

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Capital Market
The Hong Kong stock market ended higher in volatile trade on Tuesday, 28 July 2015, as investors chased for bottom fishing on heavily battered stocks after Beijing vows to step up purchases of stocks. The benchmark opened 82 points lower and saw its losses widen to more than 200 points as the Shanghai market lost the 3,600 mark. But it quickly rebounded and soared nearly 600 points at another point. The Hang Seng Index ended 151.98 points, or 0.62%, higher at 24503.94 points. The Hang Seng China Enterprises Index, benchmark measure of performance of mainland China enterprises, decreased 57.63 points, or 0.51%, to 11173.04 points. Turnover reduced slightly to HK$115.27 billion from HK$116 billion on Monday.

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First Published: Jul 28 2015 | 4:46 PM IST

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