Hong Kong Stocks Gain, Most Asian Markets Sink

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2018-03-01 HKT 17:50

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  • The Hang Seng Index recovered some ground after two days of loss. File photo: RTHK

    The Hang Seng Index recovered some ground after two days of loss. File photo: RTHK

Hong Kong rose on Thursday, recovering some of the previous two days' losses, though energy firms took a hiding from a plunge in oil prices.

The Hang Seng Index added 0.7 percent, to end at 31,044.

On the mainland, the Shanghai Composite Index climbed 0.4 percent, to 3,273 and the Shenzhen Composite Index rose 1.2 percent, to 1,834.

But most other Asian markets welcomed in March with broad losses. Tokyo finished 1.6 percent lower, with a stronger yen hitting exporters, while Sydney and Singapore each shed 0.7 percent.

Wellington, Taipei, and Kuala Lumpur were also well down.

On currency markets the pound continues to struggle against the dollar after falling Wednesday on worries about faltering Brexit talks. (AFP)

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