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Hong Kong Stocks closed higher

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Capital Market
The Hong Kong stock market closed tad above the boundary line on Monday, 21 March 2016, on the back of gains in brokerage stocks after Chinese authorities signaled a resumption of a portion of its short-term lending business and cut borrowing costs for brokerages. The benchmark Hang Seng Index added 12.52 points, or 0.06%, to 2068415 points. The Hang Seng China Enterprises Index, benchmark measure of performance of mainland China enterprises, gained 45.64 points, or 0.51%, to 8928.65 points. Turnover reduced to HK$80.12 billion from HK$92.8 billion on Friday.

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First Published: Mar 21 2016 | 9:09 PM IST

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