Hong Kong stocks up

13 Apr, 2019

Hong Kong stocks reversed earlier losses to close higher on Friday after better-than-expected exports data on the mainland, and as data showed China banks extended far more-than-expected new yuan loans as Beijing strives to bolster growth.
The Hang Seng index closed up 0.2 percent at 29,909.76 points, while the China Enterprises Index gained 0.4 percent to 11,659.84 points.
For the week, HSI slipped 0.1 percent, while HSCE dipped 0.3 percent.
About 1.61 billion Hang Seng index shares were traded, roughly 84.8 percent of the market's 30-day moving average of 1.90 billion shares a day. The volume traded in the previous trading session was 1.96 billion.

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