Hong Kong shares rally as concerns over bird flue fade

Note: This section contains information in English only.
Source: Dukascopy Bank SA
Hong Kong equities traded green on Monday, as airlines rallied after the last week's decline triggered by concerns over a new bird flu burden in China. The Hang Seng Index added 0.1%, or 21.56 points, to 21,749.77. Cathay Pacific Airways Ltd jumped 4.6% to HK$12.84, rebounding from the seven-month low. The company's shares have lost almost 20% of their value since February 15. Belle International Holdings Ltd, a leading shoe retailer in PRC, rose 4.5% to HK$12.64, offsetting losses in basic materials and financial companies. China Resources Enterprise Ltd added 2.1% to HK$24.30, increasing for a fourth consecutive trading day. On the downside, China Shenhua Energy Co Ltd plunged 2.6% to HK$26.70,putting a lid on basic materials. Furthermore, Want Want China Holdings Ltd, the largest rice and flavored milk producer in the U.S., retreated 2.3% to HK$11.32. Henderson Land Development Co Ltd closed the top-three with a 2.1% decrease to trade at HK$51.95.
Back to articles

Actual Topics

Mon, 08 Apr 2013 11:59:06 GMT

Copper rebounds on Monday amid climb in orders

Copper bounced back from a three week losing streak on Monday after a report showed that orders to remove the metal from warehouses increased to the strongest level since at least October 1997 and on strikes in Chile concerns. July Copper futures gained 1.2% to $7,494.75 a metric ton on the London Metal Exchange after it was traded at $7,480

Mon, 08 Apr 2013 11:37:09 GMT

Asian shares advance amid BoJ stimulus

Asian shares increased on Monday as gains of Japanese stocks offset losses of Taiwanese and Chinese shares after the Japan's central bank unveiled the new stimulus monetary policy program to fight deflation in the country weakening the nation's currency. The MSCI Asia Pacific Index advanced by 0.5% to 134.12 at 3:14 p.m. Tokyo time.

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Chcete-li se dozvědět více o platformě Dukascopy Bank CFD / Forex, SWFX a dalších souvisejících obchodních informacích, prosím, zavolejte nám, nebo vám můžeme zavolat my.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.