Friday, March 6, 2015   

Casinos, tech companies big winners in positive run for Hang Seng
(12-31 12:21)

Stocks in Hong Kong closed 0.26 percent higher, finishing a mixed year on a bright note following another record close for the Dow on Wall Street.
The benchmark Hang Seng Index ended 61.52 points higher at 23,306.39 on turnover of HK$30.62 billion.
The index finished the year 2.87 percent up from its 2012 close.
For the year, the biggest winners for the year were casino stocks and China tech companies. Galaxy Entertainment soared 127 percent while Sands China was up 84 percent to become the third-best performer.
Internet firm Tencent nearly doubled to sit near the HK$500 level.
Among the big losers was China Coal Energy, which lost 48 percent, while China Shenhua Energy and Hong Kong merchandiser Li & Fung each lost about a third of their value.—AFP
   
Other Business breaking news:
Fosun secures 5pc stake in Thomas Cook (1 hr 29 mins ago)
Amazon opens for business on Tmall (2 hrs 1 min ago)
Hang Seng flat at break (2 hrs 37 mins ago)
China rail merger approved (2 hrs 51 mins ago)
US banks improve overall, but Goldman, JPMorgan, and Morgan Stanley among worst in stress tests (03-06 12:00)
Asian equities advance on ECB bond buying plan (03-06 11:25)
Hang Seng positive, Shanghai flat (03-06 10:25)
Bank of England faces unprecedented criminal investigation (03-05 20:15)
Bank of England holds fire on rates (03-05 20:10)
Euro touches 11-year lows (03-05 19:53)

More breaking news >>

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