Hong Kong shares up 0.53% at open | Inquirer Business

Hong Kong shares up 0.53% at open

/ 10:08 AM August 17, 2012

Hong Kong–Hong Kong stocks rose 0.53 percent in the first few minutes of trade on Friday, mirroring gains on Wall Street and in Europe.

The benchmark Hang Seng Index was up 104.89 points at 20,067.84 soon after the opening, spurred by solid US economic indicators and strong comments by German Chancellor Angela Merkel on the euro.

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TAGS: Business, Economic indicators, Hang Seng Index, Stock Activity, Stock Market

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