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News of US-China October talks lifts market

Hong Kong's withdrawal of the extradition Bill also a boon. Yangzijiang is most active counter; three banks also end higher

Published Thu, Sep 5, 2019 · 09:50 PM
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INVESTOR confidence continued to recover on Thursday after China said both Washington and Beijing will hold trade talks next month.

The improvement in relations between the two sides came a day after Hong Kong scrapped the much-maligned extradition Bill, which was in itself, a boon for market sentiment.

Singapore's Straits Times Index (STI) added 16.49 points or 0.5 per cent to finish at 3,147.06.

Elsewhere in the Asia-Pacific, Australia, China, Japan and South Korea ended higher.

On the other hand, Hong Kong's Hang Seng Index followed Wednesday's 3.9 per cent surge by closing flat, as investors took…

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