Hong Kong stocks recover to end higher

Floor traders work during afternoon trading at the Hong Kong Stock Exchange in a picture released August 5, 2014. Hong Kong shares rebounded from early losses August 16, 2019 to close higher. — Reuters pic
Floor traders work during afternoon trading at the Hong Kong Stock Exchange in a picture released August 5, 2014. Hong Kong shares rebounded from early losses August 16, 2019 to close higher. — Reuters pic

HONG KONG, Aug 16 — Hong Kong shares rebounded from early losses today to close higher, as investors sought bargains after a volatile week across global markets.

The Hang Seng Index rose 0.94 per cent or 238.76 points to end at 25,734.22.

The benchmark Shanghai Composite Index gained 0.28 per cent, or 8.02 points, to close at 2,823.82. The Shenzhen Composite Index, which tracks stocks on China’s second exchange, closed 0.55 per cent, or 8.41 points higher, to 1,525.48. — AFP

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