Hang Seng index rallies on Chinese data, Spain bailout

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Source: Dukascopy Bank SA
Hong Kong's main stock index edged sharply higher on Monday after China reported a higher than expected surge in exports. Positive data offset another report saying annual retail sales were weaker in May. Hang Seng index jumped 2.26% or 418.58 points and finished at 18,916.28. Ports operator Cosco Pacific and China Life Insurance each rallied 6%. Heavyweight HSCB Holdings gained 2.9% on news about Spain's request for bailout. Aluminum Corp. of China accelerated 4.8%. 

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Mon, 11 Jun 2012 10:19:36 GMT

Nikkei 225 index closes 2% higher on Monday

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Mon, 11 Jun 2012 09:57:36 GMT

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