India, May 5 -- The Hong Kong stock market has moved higher in nine straight sessions, gathering more than 2,270 points or 13.3 percent along the way. The Hang Seng Index now sits just above the 18,475-point plateau and it's nonetheless tipped to open higher again on Monday.
The global forecast for the Asian markets is positive on an improved outlook for interest rates. The European and U.S. bourses finished solidly higher and the Asian markets are expected to open in similar fashion.
The Hang Seng finished sharply higher on Friday with gains across the board, especially among the financial, technology and property sectors.
For the day, the index rallied 268.82 points or 1.48 percent to finish at 18,475.92 after trading between 18,362.22...