Thursday, 29 November 2018 09:18 WIB |
MARKET UPDATE |HONGKONGHANG SENG
Hong Kong stocks extended the previous day's rally in the opening few minutes of trade Thursday, with investors cheered by an indication from the head of the Federal Reserve that it could slow its pace of interest rate hikes.
The Hang Seng Index rose 0.83 percent, or 221.65 points, to 26,904.21
The benchmark Shanghai Composite Index gained 0.46 percent, or 12.04 points, to 2,613.78, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, added 0.45 percent, or 6.07 points, to 1,361.45.