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The Financial Express

Hong Kong edge up ahead of X'mas holiday

Published: December 22, 2017 15:29:42


File Photo (Collected) File Photo (Collected)

The Hong Kong market rose slightly in subdued trading on Friday ahead of the Christmas holidays.

Chinese H-shares listed in Hong Kong rose 0.16 per cent to 11,615.66.

The Hang Seng Index was up 0.26 per cent at 29,444.78, reports Reuters.

Around the region, MSCI’s Asia ex-Japan stock index was firmer by 0.34 per cent while Japan’s Nikkei index was up 0.03 per cent.

The yuan was quoted at 6.5723 per US dollar, 0.2 per cent firmer than the previous close of 6.5855.

The sub-index of the Hang Seng index tracking energy shares rose 0.2 per cent while the IT sector rose 0.7 per cent.

The top gainer on Hang Seng was Lenovo Group Ltd up 3.17 per cent, while the biggest loser was Galaxy Entertainment Group Ltd which was down 1.82 per cent.

Hong Kong’s financial markets will be shut for Christmas Day on Dec. 25 and Boxing Day on Dec. 26.

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