Hong Kong Stocks Soar on Trade Deal Reports (Review)

Saturday, 14 December 2019 04:24 WIB

Hong Kong stocks jumped more than two percent Friday after reports said China and the US had finally reached a partial trade agreement that will see Washington cancel tariffs due to be imposed at the weekend. The Hang Seng index soared 2.57 percent, or 693.62 points, to 27,687.76. The benchmark Shanghai Composite Index added 1.78 percent, or 51.98 points, to 2,967.68 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, rallied 1.48 percent, or 24.22 points, to 1,660.55. Source : AFP

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Shanghai stocks snapped a five-session rally to end lower on Thursday, as investors remained wary ahead of Washington's decision to proceed with new tariffs on Chinese goods this weekend. The blue-chip CSI300 index fell 0.3% to close at 3,891.02, while the Shanghai Composite Index also shed 0.3% to 2,915.70. U.S. President Donald Trump is expected to meet with top trade advisers on Thursday to...

Tokyo's key Nikkei index closed higher on Thursday in cautious trade ahead of a deadline for the US to impose new tariffs on Chinese goods. The benchmark Nikkei 225 index ended up 0.14 percent or 32.95 points at 23,424.81, while the broader Topix index slipped 0.12 percent or 2.12 points to close at 1,712.83. Source : AFP

Hong Kong stocks came out of the gates with healthy gains on Thursday morning after the Federal Reserve indicated it will not change interest rates throughout next year, pointing to strength in the US economy. The Hang Seng index rose 0.87 per cent, or 232.79 points, to 26,878.22. The benchmark Shanghai Composite Index added 0.07 per cent, or 1.92 points, to 2,926.34 and the Shenzhen Composite...

Tokyo stocks opened higher on Thursday after the US Federal Reserve kept interest rates unchanged as expected, with expectations that the low rate be maintained for a while. The benchmark Nikkei 225 index was up 0.24 percent or 55.67 points at 23,447.53 in early trade, while the broader Topix index edged up 0.24 percent or 4.04 points to 1,718.99. Source : AFP

Hong Kong stocks closed higher on Wednesday amid speculation that Washington may hold back from slapping new tariffs on Chinese exports that are scheduled to kick in this weekend. At the close of trade, the Hang Seng index was up 0.8% at 26,645.43, hovering around the sessions high. Earlier in the day, the index hit its highest since Nov. 29. The Hang Seng China Enterprises index gained...


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