BCN-32 Hong Kong stocks close up 2.1%

290

ZCZC

BCN-32

STOCKS-MARKETS-HONGKONG-CHINA-CLOSE

Hong Kong stocks close up 2.1%

HONG KONG, Oct 12, 2018 (BSS/AFP) – Hong Kong stocks ended sharply higher
Friday as Chinese trade data came in better than expected despite the tariff
war with Washington and following the previous day’s heavy losses.

The Hang Seng index jumped 2.12 percent, or 535.12 points to close at
25,801.49.

The benchmark Shanghai Composite Index rose 0.91 percent, or 23.45 points,
to 2,606.91, while the Shenzhen Composite Index, which tracks stocks on
China’s second exchange, added 0.19 percent, or 2.46 points, to 1,296.36.

BSS/AFP/HR/1428