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Hong Kong And Shanghai Stocks End The Week Up

Mohammad Ali (@ChaudhryMAli88) Published August 12, 2016 | 02:07 PM

Hong Kong and Shanghai stocks end the week up

HONG KONG,(UrduPoint / Pakistan Point News - 12th Augst,2016) - Hong Kong and Shanghai stocks ended the week up as the oil price rebounded, and despite disappointing economic data from China that missed expectations. The benchmark Shanghai Composite Index jumped 1.

60 percent, or 48.03 points, to 3,050.67, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, gained 1.17 percent, or 22.75 points, to 1,973.67. Hong Kong's Hang Seng Index climbed 0.83 percent or 186.36 points, to 22,766.91.

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