Wednesday 27 November 2013

HK stocks close up 0.53 %

Hong Kong stocks closed up 0.53 percent on Wednesday.
The benchmark Hang Seng Index moved up 125.07 points to close at 23,806.35 points, after trading between a day high of 23,856.92 points and a day low of 23,649.8 points.
Turnover expanded to 69.03 billion HK dollars (8.91 billion U.S. dollars) from Tuesday's 67.44 billion HK dollars.
The H-Share Index moved up 99.93 points, or 0.88 percent, to end at 11,401.96 points.
Banking giant HSBC ended up 0.35 percent at 87 HK dollars. China Mobile, China's dominant mobile carrier ended up 1.59 percent at 82.95 HK dollars.
For Mainland lenders listed in Hong Kong, ICBC, China's largest bank by market value, edged up 0.73 percent to close at 5.55 HK dollars; CCB, the country's second largest lender by market capitalization, ended up 0.48 percent at 6.25 HK dollars; BOC, one of the "big four", ended up 1.08 percent at 3.74 HK dollars.
For local property developers, Sun Hung Kai, HK's largest property developer by market value, ended up 0.2 percent at 99.95 HK dollars; Cheung Kong properties, owned by billionaire Li Ka-shing, edged flat at 122.7 HK dollars.
PetroChina, the country's largest oil and gas producer ended down 0.04 percent at 9.19 HK dollars. Sinopec, China's top refiner, ended up 0.9 percent at 6.71 HK dollars.

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