Business Standard

Hong Kong Market rises to 2-week high

Image

Capital Market
The Hong Kong stock market ended higher on Wednesday, 21 September 2016, amid continued buying by mainland investors. Meanwhile buying appetite spirited after the Bank of Japan announced that it has decided to change the framework of its bond-buying program and will not take interest rates further into negative territory. Most of industry category on the main section gained ground, with realty, casino operators, and energy producers being major gainers. The benchmark Hang Seng Index added 139.04 points, or 0.59%, to 23669.90 points, its highest level since Sept. 9. The Hang Seng China Enterprises Index, a benchmark measure of performance of mainland China enterprises, gained 97.62 points, or 1%, to 9849.06.

Powered by Capital Market - Live News

 

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Sep 21 2016 | 3:11 PM IST

Explore News