Markets

Hong Kong shares close 1.44pc higher

HONG KONG: Hong Kong shares ended 1.44 percent higher Monday as dealers welcomed a speech from US Fed chief Ben Bernan

Published August 29, 2011 Updated August 29, 2011 08:20am

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By Shoaib Ur Rehman

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The benchmark Hang Seng Index rose 282.23 points to 19,865.11 on turnover of HK$53.05 billion ($6.80 billion).

Chinese shares closed down 1.37 percent. The Shanghai Composite Index, which covers both A and B shares, ended down 35.78 points at 2,576.41 on turnover of 78.4 billion yuan ($12.3 billion).

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