Power tools maker Techtronic hits 13-mth high on joining HK blue-chip index

Techtronic Industries Co

25/02/2019 02:04

** Shares of Techtronic Industries Co Ltd  0669.HK  jump as
much as 9.9 pct to HK$52.30, their highest since Feb 1, 2018, on
the power tools maker being included in Hong Kong's blue-chip
index 
    ** Hong Kong's stock index manager said on Friday Techtronic
will be added to the benchmark Hang Seng Index  .HSI , replacing
China Resources Power  0836.HK , with effect from March 11
 urn:newsml:reuters.com:*:nH9N20901X
    ** As of previous close, Techtronic stock up 14.4 pct this
year
    ** Techtronic has underperformed the Hang Seng Commerce &
Industry Index sector  .HSNC  by 4.9 percentage points in the
past one month
    ** The Hang Seng Indexes Company also said China National
Building Material Co Ltd  3323.HK  will be added to the index of
Chinese enterprises listed in Hong Kong  .HSCE , while ZhongAn
Online P & C Insurance Co Ltd  6060.HK  will be removed
    ** Shares of China National Building Material rise nearly 4
pct to HK$6.78, their highest since Oct. 5, 2018 
    ** The Hang Seng China enterprises index  .HSCE  rises 1.1
pct, while the benchmark index  .HSI  gains 0.5 pct

 (Reuters Messaging: donny.kwok.thomsonreuters.com@reuters.net)