Hong Kong Shares Rise On Wall Street Lead

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2018-05-08 HKT 09:49

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  • Hong Kong stock market led the Asian rally on Tuesday. File photo: RTHK

    Hong Kong stock market led the Asian rally on Tuesday. File photo: RTHK

Hong Kong stocks rallied more than 1 percent on Tuesday morning following another positive lead from Wall Street, while investors await Donald Trump's decision on the Iran nuclear deal.

The Hang Seng Index rose 1.2 percent, to 30,345 by the break.

On the mainland, the Shanghai Composite Index was up 0.9 percent, to 3,165 while the Shenzhen Composite Index edged up 0.7 percent, to 1,834.

Tokyo finished the morning 0.3 percent higher and Sydney added 0.4 percent.

Singapore added 0.3 percent, Seoul was 0.7 percent higher and Taipei put on 0.6 percent with Manila also in positive territory.

Oil prices slipped in Asia on Tuesday morning from three-and-a-half-year highs as investors cautiously await Donald Trump's Iran nuclear decision later in the day. (AFP)

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Last updated: 2018-05-08 HKT 12:29

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