TC

19/01/2018 16:11

HSI ends up 132 pts at 32,254; turnover at HK$162.6bn

    HK stocks closed modestly higher on Friday on consolidation mode following the softer close of the US equity markets overnight. The Hang Seng Index opened up 20 points to 32,142. It then moved within narrow band of 200 points until late trade when the benchmark ticked up and closed at fresh all-time high.
  The Hang Seng Index ended up 132 points or 0.4% to 32,254. The H-share index rose 84 points or 0.6% to 13,179. Turnover decreased to HK$162.6 billion from HK$196.3 billion on Thursday.
  The northbound quota balance of the Shanghai-HK Connect program was RMB12.627 billion, accounting for 97.13% of the daily allowed quota of RMB13 billion. The southbound quota balance was RMB6.099 billion, accounting for 58.09% of the daily allowed quota of RMB10.5 billion.
  As for the Shenzhen-HK Connect, the northbound quota balance was RMB12.156 billion, also representing 93.51% of the daily allowed quota of RMB13 billion. The southbound quota balance was RMB8.654 billion, accounting for 82.4% of the daily allowed quota of RMB10.5 billion.
  Thirty-one stocks rose and 18 fell, among the 51 blue chips, with two stocks remaining steady.
China Mobile (00941) retreated 1.2% to HK$80.5 after yesterday's 3% rally. Tencent (00700) gained 1% to HK$452.4. HSBC (00005) inched down 0.1% to HK$85.4. AIA (01299) rebounded 0.2% to HK$66.65. HKEX (00388) dipped 0.9% to HK$294.8. 
  Chinese lenders were firmer comments. CCB (00939) edged up 0.7% to HK$8.48. ICBC (01398) gained 0.4% to HK$7.19.

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