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Local stocks open higher

2024-08-13 HKT 10:37
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  • The Hang Seng Index on Tuesday rose 48 points to open at 17,160. Photo: AFP
    The Hang Seng Index on Tuesday rose 48 points to open at 17,160. Photo: AFP
Hong Kong stocks opened higher on Tuesday, as worries about a US recession that sent markets into turmoil last week eased ahead of key inflation data, while oil prices held gains on concerns about a broader war in the Middle East.

The Hang Seng Index rose 48 points, or 0.28 percent, to open at 17,160.

The Shanghai Composite Index was up 0.08 percent to open at 2,860, while the Shenzhen Component Index opened 0.01 percent lower at 8,372. (Xinhua)

Local stocks open higher