CHAIRMAN: DR. KHALID BIN THANI AL THANI
EDITOR-IN-CHIEF: DR. KHALID BIN MUBARAK AL-SHAFI

Business / Stock Market

Hong Kong stocks up 0.9% in early trade

Published: 08 May 2015 - 09:59 am | Last Updated: 14 Jan 2022 - 09:20 pm


Hong Kong - Hong Kong and China stocks rallied in early trade Friday, recovering some ground from steep losses sustained earlier in the week.

The Hang Seng index rose 244.64 points, or 0.90 percent, to 27,534.61 shortly after the opening bell.

Chinese shares were also higher Friday, ahead of the release of trade data for April, dealers said.

The benchmark Shanghai Composite Index rose 1.34 percent, or 55.13 points, to 4,167.34.

The Shenzhen Composite Index, which tracks stocks on China's second exchange, gained 1.48 percent, or 32.28 points, to 2,213.58.

AFP