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Friday, January 28, 2022

Hong Kong stocks open with slight gains

Hong Kong stocks open with slight gainsHong Kong: Hong Kong stocks edged up in the first few minutes Wednesday on bargain-buying after the previous day’s sharp losses but investors remain fearful that China and the US are edging towards a trade war.

The Hang Seng Index added 0.35 percent, or 104.18 points, to 29,572.33.

But the benchmark Shanghai Composite Index dropped 0.61 percent, or 17.84 points, to 2,889.98, while the Shenzhen Composite Index, which tracks stocks on China’s second exchange, eased 0.62 percent, or 9.85 points, to 1,584.20.

Copyright APP (Associated Press of Pakistan), 2018

Source: Brecorder

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