Hong Kong shares rise for 7th day in a row, hit 10-year high
Thursday, 4 January 2018 15:53 WIB | MARKET UPDATE |HONGKONGHANG SENG

Hong Kong's benchmark stock index rose for the seventh straight session on Thursday, hitting a fresh 10-year high and pacing gains in Asian markets as solid United States and German economic data boosted sentiment.

At the close of trade, the Hang Seng index was up 175.53 points or 0.57 percent at 30,736.48. The Hang Seng China Enterprises index rose 0.95 percent to 12,203.55. The sub-index of the Hang Seng tracking energy shares rose 3.1 percent while the IT sector rose 1.87 percent, the financial sector was 0.47 percent higher and property sector rose 0.48 percent.

The top gainer on Hang Seng was Wharf Holdings Ltd up 8.7 percent, while the biggest loser was China Mengniu Dairy Co Ltd, down 4.06 percent. China™s main Shanghai Composite index closed up 0.52 percent at 3,386.5043 points while its blue-chip CSI300 index ended up 0.44 percent.

Source: Marketwatch

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