China, HK stocks up as investors look to more upbeat 2019 - Business News - News Summed Up

China, HK stocks up as investors look to more upbeat 2019 - Business News


The Shanghai Composite Index edged up 0.2 percent to 2,486.90 points, while the blue-chip CSI300 index rose 0.3 percent. As of midday, the Shanghai stock index is down 24.8 percent year-to-date, and sits below its 50-day moving average and below its 200-day moving average. In Hong Kong, the main Hang Seng Index rose close to 0.1 percent at 25,502.87 points, while the index for Chinese H-shares listed in Hong Kong rose 0.8 percent. Around the region, MSCI's Asia ex-Japan stock index was firmer by 0.5 percent while Japan's Nikkei index was down 0.5 percent. The volume traded was 13.54 billion as of the last full trading day.


Source: The Star December 28, 2018 04:30 UTC



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