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Hong Kong Stocks Snap 2-Session of Losses
Monday, 23 December 2024 10:03 WIB | HANGSENG |HANG SENG

Shares in Hong Kong rose by 62 points or 0.3% to 19,783 during the Monday morning session, breaking a two-session losing streak amid strength mainly from the financials and property sectors.

A solid rise in US futures uplifted sentiment after Washington avoided a year-end shutdown on Saturday and kicked off future spending decisions into Donald Trump's presidency.

Locally, the city's annual inflation remained at 1.4% in November, unchanged for the second consecutive month and at its lowest level since May. The government indicated that overall inflation is expected to remain mild in the near term.

Source: Trading Economics

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