India, April 28 -- The Hong Kong stock market has moved higher in five straight sessions, gathering almost 1,470 points or 8.7 percent along the way. The Hang Seng Index now sits just above the 17,650-point plateau and it has a strong lead again for Monday's trade.
The global forecast for the Asian markets is positive on upbeat inflation data and support from the oil and technology companies. The European and U.S. markets were firmly higher and the Asian bourses are expected to open in similar fashion.
The Hang Seng finished sharply higher on Friday with gains across the board, especially among the technology and property stocks.
For the day, the index surged 366.65 point or 2.12 percent to finish at 17,651.15 after trading between 17,33...