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Thursday, March 05, 2020, 17:22
HK shares clock best day in 1 month on stimulus expectation
By Reuters
Thursday, March 05, 2020, 17:22 By Reuters

HONG KONG - The Hong Kong stock market rose the most in a month on Thursday.

At the close of trade, the Hang Seng Index was up 2.1 percent at 26,767.87, near its highest level since last Thursday touched during the session. The index also made the largest daily percentage uptick since Feb 6.

The Hang Seng China Enterprises Index rose 2 percent. The index touched its highest level since Feb 21 on Thursday and also made its largest percentage daily gain in a month.

The sub-index of the Hang Seng tracking energy shares rose 1.2 percent, the IT sector rallied 2.8 percent, the financial sector ended 1.9 percent higher and the property sector gained 1.5 percent. 

About 2.52 billion Hang Seng Index shares were traded. The volume traded in the previous trading session was 1.96 billion.

At their close, Chinese mainland's A-shares were at a premium of 30.03 percent over Hong Kong-listed H-shares.


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