Monday, 18 March 2019 15:31 WIB |
MARKET UPDATE |HONGKONGHANG SENG
Shares in Hong Kong and Shanghai surged Monday, building on last week's gains after China passed foreign investment rules that were seen as an olive branch in its trade standoff with the United States.
The Hang Seng Index in Hong Kong climbed 1.37 percent, or 396.75 points, to close at 29,409.01.
The benchmark Shanghai Composite Index jumped 2.47 percent, or 74.67 points, to 3,096.42 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, rallied 2.71 percent, or 44.42 points, to 1,685.79.