HSI's biggest gain in one months

Source: Internet
Author: User
Keywords Rise day day Hang Seng index
Tags analysts closing contributing financial financial sector financial stocks giants index
Tangsun Hong Kong rebounded markedly yesterday after a sharp fall in Monday.  The Hang Seng index rose 3.66% per cent to a one-month maximum daily gain, driven by a sharp rise in Hong Kong's local financial stocks, such as HSBC Holdings (00005.HK), closing at 17885.73 points and selling a full 51 billion Hong Kong dollar. HSBC Holdings Rose 4.4%, contributing 109 points to the index. Analysts believe that this is mainly because the market is looking forward to the U.S. financial giants to improve performance, triggering the market for financial sector recovery.
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