Hong Kong shares higher on Wall St
Share prices were higher on Wall Street rises following a series of positive US economic figures, with local sentiment continuing to improve after the benchmark index closed above key resistance of 10,000 points yesterday, dealers said.
At 10.44 am, the Hang Seng Index was up 74.38 points at 10,077.92, off a high of 10,128.69 and a low of 10,074.50, on trade of 1.809 billion hkd.
The Hang Seng November contract was at 10,079 points.
Kitty Chan, associate director of Lippo Securities, said the Hang Seng Index is tracking the positive performance on Wall Street, while investors were also excited about the positive US economic data.
"Wall Street turned higher last night and we also had a few of stronger-than-expected US economic data, including the jobless claim," she said.
