HK Shares End Higher; Sinopec Leads On Strong 1H Results

Date:2011-08-30lile  Text Size:

HONG KONG (Dow Jones)--Hong Kong shares ended higher Monday, led by oil refiner China Petroleum & Chemical Corp., or Sinopec, and boosted by U.S. Federal Reserve Chairman Ben Bernanke's latest speech.

The blue-chip Hang Seng Index rose 282.23 points, or 1.44%, to end at 19,865.11, after trading between 19,749.40 and 19,919.34. Market volume totaled HK$53.05 billion, down from HK$58.71 billion Friday.

Analysts expect the benchmark ...
HONG KONG (Dow Jones)--Hong Kong shares ended higher Monday, led by oil refiner China Petroleum & Chemical Corp., or Sinopec, and boosted by U.S. Federal Reserve Chairman Ben Bernanke's latest speech.

The blue-chip Hang Seng Index rose 282.23 points, or 1.44%, to end at 19,865.11, after trading between 19,749.40 and 19,919.34. Market volume totaled HK$53.05 billion, down from HK$58.71 billion Friday.

Analysts expect the benchmark ...
 

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