Hang Seng Strengthens, AIA Supports
The Hang Seng Index strengthened again for the third consecutive day in Hong Kong trading. The index rose 0.5%, or 127.01 points, to 24,340.73, marking its highest close since June 16.
The index's gains were primarily driven by AIA Group, which rose 2.4% and was the largest contributor to the Hang Seng's rise. Meanwhile, Aluminum Corp. of China recorded the largest increase, surging 9.6%.
Overall, market sentiment appeared quite positive. Of the 93 stocks in the index, 70 rose and only 20 fell. All sectors rose, with trade and industrial stocks leading the gains. (asd)
Source: Newsmaker.id