Gas and Oil stocks shine

Hong Kong markets signaled green in the third week of August ending on 22 as it gained 0.33 percent over the previous week. HSI opened at 24,994.10 on Monday and closed at 25,077.18 on Friday. The index hit six-year highest on Thursday and tumbled down after China's reported lower factory output and credit lines.

In the closing markets on Friday, Hang Lung Properties limited soared 2.84 percent, China Petroleum & Chemical limited surged 1.71 percent, China Resources Land limited expanded 1.51 percent, Wharf Holdings Limited added 1.39 percent, and Hong Kong & China Gas company limited climbed 1.33 percent.

Among Losers, China Resources Enterprise limited fell 5.38 percent, Li & Fung Ltd dropped 4.39 percent, CITIC Pacific Ltd slugged 1.86 percent, Sino Land Co Ltd shed 1.42 percent, and CNOOC Ltd decline 0.66 percent.

GET 3 DAYS FREE TRIAL IN FOREX SIGNALS