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Most Hong Kong Stocks Advance After China GDP, Industrial Data

Written By Kontak Perkasa Futures on Monday, July 15, 2013 | 9:30 AM

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Bloomberg, (15/7) -- Most Hong Kong stocks climbed, with industrial goods and materials shares leading gains, even after China’s economic growth met analysts’ estimates.

The Hang Seng Index advanced 0.1 percent to 21,290.76 as of 10:05 a.m. in Hong Kong, with twice as many shares rising as falling. Volume on the equity benchmark was 42 percent lower than the 30-day intraday average. The Hang Seng China Enterprises Index of mainland shares added 0.3 percent to 9,461.07 after last week rising the most since May.

Hang Seng Index futures rose 0.3 percent to 21,277. The HSI Volatility Index increased 0.4 percent to 21.28, indicating traders expect a swing of 6.1 percent for the equity benchmark in the next 30 days.
Written by: Kontak Perkasa Futures
PT.Kontak Perkasa Futures, Updated at: 9:30 AM
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