Hong Kong stocks end lower as materials outweigh consumer gains channelnewsasia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from channelnewsasia.com Daily Mail and Mail on Sunday newspapers.
Energy leads Hong Kong stocks higher on pandemic recovery signs Reuters 3 hrs ago
Popular Searches HSI financial sub-index climbs 0.78% Property sector up 0.5%
HONG KONG, May 4 (Reuters) - Hong Kong shares settled higher on Tuesday, with energy stocks leading the gains on signs of recovery from the coronavirus pandemic as major economies around the world reopen. The Hang Seng index closed up 199.60 points, or 0.7%, at 28,557.14, snapping two straight sessions of decline. The Hang Seng China Enterprises index rose 0.49% to 10,765.72. The sub-index of the Hang Seng tracking energy shares rose 2.3%, while the IT sector edged up 0.05%, the financial sector climbed 0.78% and the property sector gained 0.52%. The tech index was up 0.68%.
China Enterprises index HSCE gains 0.1% HSI financial sub-index rises 0.3%; tech index up 0.4%
HONG KONG, May 4 (Reuters) - Hong Kong stocks rose on Tuesday, with energy shares leading gains, buoyed by rising oil prices as easing coronavirus curbs in the U.S and Europe raised demand growth hopes. By the midday break, the Hang Seng index was up 71.09 points or 0.25% at 28,428.63, and was set to snap two straight sessions of decline. The Hang Seng China Enterprises index gained 0.1% to 10,723.4. The sub-index tracking energy shares rose 2.1%, while IT stocks slid 0.15%, financials climbed 0.3% and the property sector edged up 0.02%. Tech index was up 0.4%.
Hong Kong shares end lower on renewed concerns over virus resurgence reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
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BEIJING/SHANGHAI Hong Kong shares ended lower on Wednesday, tracking global markets, on concerns over a resurgence in COVID-19 cases in some countries that has cast renewed doubt on the strength of a global economic recovery. At the close of trade, the Hang Seng index was down 513.81 points, or 1.76%, at 28,621.92. The Hang Seng China Enterprises index fell 1.78% to 10,888.52. The sub-index of the Hang Seng tracking energy shares dipped 2.6%, while the IT sector declined 2.4%, the financial sector ended 1.67% lower and the property sector was down 0.61%. Global markets retreated overnight as recent optimism about rising vaccination rates in the United States, Britain, and Europe is shifting to concern that a mounting coronavirus crisis in India and the reinforcement of travel curbs will act as a brake on the global economy. The top gainer on the Hang Seng was Hong Kong and China Gas Co Ltd, which gained 0.48%, while the biggest loser was ANTA Sports Pro