Tuesday, May 28, 2013

Today (28/5) Hang Seng Index Rises by Sahan Encouragement Property

Hong Kong stock exchange for the first session of trading today (28/5) increased after yesterday moved lower due to lack of sentiment. Rising prices of stocks in the property sector terutam encourage market movements. Property stocks rose as a result of market optimism about China's property sector is still going to grow.

The Hang Seng Index rose 0.56% first session basis points to 22812.84. While index futures rose 129 points to 22 776 basis points with the support level of 22,378 points and resistant level of 23053 points.

Stocks that have increased the stock of which is Henderson Land rose 0.35% to 57.25 hkd, Sino Land shares gained 0.49% to 12.28 hkd and Cathay Pacific shares rose 2.52% to 14.66 hkd.