BCN-36 Hong Kong stocks close higher after Wall St lead

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BCN-36

STOCKS-MARKETS-HONGKONG-CHINA-CLOSE

Hong Kong stocks close higher after Wall St lead

HONG KONG, Nov 8, 2018 (BSS/AFP) – Hong Kong stocks finished higher
Thursday as dealers bet political gridlock in Washington will keep President
Donald Trump from pushing through inflation-fuelling measures that could lead
to more interest rate hikes.

The Hang Seng Index rose 0.31 percent, or 80.03 points, to 26,227.72.

But the benchmark Shanghai Composite Index lost 0.22 percent, or 5.71
points, to close at 2,635.63 and the Shenzhen Composite Index, which tracks
stocks on China’s second exchange, gave up 0.48 percent, or 6.39 points, to
end at 1,333.98.

BSS/AFP/HR/1425