Hang Seng index trades close to flat on Friday

Source: Dukascopy Bank
Hong Kong's Hang Seng index slightly advanced on Friday lifted by overall global optimism as German business confidence surged and US jobless claims stayed steady. Hang Seng index gained 0.12% or 25.87 points and finished at 21,406.86. HSBC Holdings added 0.4% as experts predicted the company may report a 24% gain in its annual earnings next week. Gains were limited by property shares as Sino Land dropped 1.1% and Hang Lung Properties gave up 1%. 

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