Hong Kong Stocks Open Higher

MT Newswires Live10-21

Hong Kong stocks kicked off Wednesday's trading on an upbeat note, tracking overnight gains on Wall Street.

The Hang Seng Index gained 1.1%, or 271 points, to open at 24,139.11. The Hang Seng China Enterprises Index rose 1.4%, or about 109 points, to 8,139.17.

US stocks ended Tuesday's session mostly higher, led by gains in healthcare companies that pushed the Dow up more than 1%. The S&P edged higher, while Nasdaq finished marginally lower.

Meanwhile, Brent crude prices rose to around $110 per barrel on Wednesday as investors weighed efforts to revive US-Iran peace talks against continued threats to oil supplies in the Middle East.

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