ZCZC
BCN-22
STOCKS-MARKETS-HONGKONG-CHINA-CLOSE
Hong Kong stocks close week on a high
HONG KONG, July 19, 2019 (BSS/AFP) – Hong Kong shares ended the week on a
strong note Friday, jumping more than one percent on hopes for a sharp
interest rate cut by the Federal Reserve later this month.
The Hang Seng Index added 1.07 percent, or 303.74 points to 28,765.40.
The benchmark Shanghai Composite Index climbed 0.79 percent, or 23.02
points, to 2,924.20 and the Shenzhen Composite Index, which tracks stocks on
China’s second exchange, gained 0.75 percent, or 11.63 points, to 1,560.27.
BSS/AFP/HR/1425