Asian markets rebound; HK stocks rise as oil prices hit May highs
Briefing by News4U · First published
Hong Kong's Hang Seng Index rose 0.7 percent to 23,093 on HK$249.78 billion turnover, while oil prices climbed amid Iran war concerns.
Asian shares were mostly higher Friday, rebounding from early losses, while oil prices hovered at their highest levels since May on worries about the war with Iran, according to RTHK Finance. [1]
In Hong Kong, the benchmark Hang Seng Index ended 158 points, or 0.7 percent, higher at 23,093 on turnover of HK$249.78 billion. The tech index was 77 points, or two percent, up at 3,871 while the China Enterprises Index gained 67 points, or 0.9 percent, to end at 7,756. [1]
Sources
- HK stocks back up as Asian markets rally for most part
RTHK Finance · · Summary only