Hong Kong: Stocks open on positive note

  • 📰 BusinessTimes
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

HongKong: Stocks open on positive note

[HONG KONG] Hong Kong stocks started with gains on Thursday as investors welcomed a dovish testimony by Federal Reserve boss Jerome Powell that reinforced hopes for an interest rate cut.

The benchmark Shanghai Composite Index rose 0.44 per cent, or 12.76 points, to 2,928.06, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, gained 0.51 per cent, or 7.97 points, to 1,558.84.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 15. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Hong Kong: Stocks start Wednesday with gains[HONG KONG] Hong Kong shares opened with slight gains on Wednesday following two days of losses, while investors await key congressional testimony from Federal Reserve chief Jerome Powell. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Hong Kong: Stocks end day with gains[HONG KONG] Hong Kong stocks ended on a positive note Wednesday with attention now turning to the start of key congressional testimony from Federal Reserve boss Jerome Powell later in the day. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Hong Kong: Stocks suffer another sell-off[HONG KONG] Hong Kong stocks ended with losses on Tuesday, extending the previous day's sell-off as hopes for a big Federal Reserve interest rate cut were dented by last week's strong US jobs report. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »