Hong Kong stocks rise in thin trade; oil shares shine



Oct 5 Hong Kong stocks rose slightly on Wednesday, outperforming regional markets, lifted by energy shares after an overnight surge in oil prices.
The benchmark Hang Seng Index rose 0.5 percent at 23,796.21 points by lunch break, while China Enterprises Index gained 0.9 percent to 9,843.22 points. MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.2 percent.
Energy stocks account for 14 percent of Hong Kong's benchmark index, a much higher percentage than in many other markets.
Wednesday's gains came in relatively thin trade as mainland markets are shut for a week due to... read more

 
5 October 2016 in World News, Views: 39
Source: Reuters
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