business

Hong Kong shares track Asian markets higher

The Hang Seng index rose 1.1% today as Asian markets clawed back earlier losses incurred after the European Central Bank signalled it had limited room for further policy easing. – Reuters file pic, March 11, 2016. The Hang Seng index rose 1.1% today as Asian markets clawed back earlier losses incurred after the European Central Bank signalled it had limited room for further policy easing. – Reuters file pic, March 11, 2016. Hong Kong shares rose over 1% today as Asian markets clawed back earlier losses incurred after the European Central Bank signalled it had limited room for further policy easing.

The Hang Seng index rose 1.1% to 20,199.60, while the China Enterprises Index gained 1.7%to 8,561.37 points.

For the week, Hang Seng rose only 0.1%, as its month-long rally lost steam.

All main sectors rose, with resources shares leading the charge, up nearly 3%. – Reuters, March 11, 2016.

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