Sep 5, 2024 at 9:17 am GMT
Updates to market close
By Summer Zhen
HONG KONG, Sept 5 (Reuters) -China stocks edged upwhile Hong Kong markets recouped most losses by Thursday's close, as the Chinese central bank sent signals of further policy easing, bolstering market sentiment.
China still sees some room to lower the amount of cash that banks must hold as reserves , said Zou Lan, head of the People's Bank of China's monetary policy department, adding that the lender would continue to implement policies to support the economic recovery.
At the close, the Shanghai Composite index . SSEC was up 0.14% at 2,788.31.
** The blue-chip CSI300 index .CSI300 was up 0.17%, with its financial sector sub-index .CSI300FS higher by 0.55%, the consumer staples sector .CSI000912 up 0.49%, the real estate index .CSI000952 up 2.06% and the healthcare sub-index .CSI300HC up 0.85%.
** The smaller Shenzhen index . SZSC ended up 0.52% and the start-up board ChiNext Composite index .CNT was higher by 0.649%.
** In Hong Kong,the Hang Seng index .HSI was down 13.04 points or 0.07% at 17,444.30. The Hang Seng China Enterprises index . HSCE fell 0.46% to 6,105.54.
** The sub-index of the Hang Seng tracking energy shares .HSCIE dipped 2.3%, while the IT sector .HSCIIT dipped 0.03%, the financial sector . HSNF ended 0.13% higher and the property sector rose 2.07%.
**Concerns over weakening oil demand dragged China- .CSIEN and Hong Kong-listed energy stocks lower. Hong Kong's Hang Seng Mainland Oil & Gas Index HSMOGI dropped more than 3% to suffer the most significant losses, with China Petroleum & Chemical Corp 0386.HK falling 6%.
** Around the region, MSCI 's Asia ex-Japan stock index .MIAPJ0000PUS was firmer by 0.37%, while Japan's Nikkei index .N225 closed down 1.05%.
 Reporting by Summer Zhen; Editing by Sherry Jacob-Phillips and Gareth Jones 

Sumber : Reuters