HONG KONG: Hong Kong stocks ended a strong week on a high Friday as hopes for global central bank stimulus were boosted by data showing China’s economy grew more than expected in the second quarter.
The Hang Seng Index rose 0.46 percent, or 98.19 points, to close at 21,659.25 — piling on more than five percent in five days.
The benchmark Shanghai Composite Index ended flat, edging up 0.28 points to 3,054.30 — and putting on 2.2 percent over the week.
The Shenzhen Composite Index, which tracks stocks on China’s second exchange, eased 0.30 percent, or 6.20 points, to 2,038.73, but has risen 1.3 percent since last Friday.
Copyright AFP (Agence France-Presse), 2016
Courtesy : BRecorder