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Hong Kong share prices close 3.2 per cent higher

05 Nov 2008 7:31 PM
Hong Kong share prices close 3.2 per cent higher

Hong Kong shares closed up 3.2 per cent today, on a Wall Street rally and as investors pinned hopes on new US president-elect Barack Obama to tackle the financial crisis, dealers said.

The benchmark Hang Seng Index soared 455.82 points to 14,840.16.

Turnover wasHK63.37 billion ($A11.6 billion).

The jump was led by Bank of China Hong Kong, which rose 17.15 per cent. Aluminium firm Chalco was up 10.54 per cent.

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