CE 100 Up 1.6%, Led by Tencent’s Rally After Earnings

The CE 100 Index gathered 1.6% in a week that saw nine of the 10 pillars gain ground.

The lone pillar to decline was the Move segment, which gave up 0.9%.

As has been seen with past weeks, earnings reports were dominant in the headlines.

In the Pay and Be Paid segment of the CE 100 Index , which was 0.9% higher, Tencent shares were up 15.5%.

Tencent posted earnings this past week, detailing that consolidated revenues of 159.5 billion Chinese yuan (RMB) were 6% higher than last year.