Hong Kong, Shanghai: Stocks fall further after open
[HONG KONG] Hong Kong stocks extended this week's losses in the first few minutes of trade Wednesday following a sharp sell-off in US and European equities as energy firms were hit by falling oil prices.
The Hang Seng Index shed 0.16 per cent, or 37.32 points, to 23,178.44.
And in Shanghai the benchmark composite index lost 0.48 per cent, or 14.61 points, to 3,008.90, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, dropped 0.45 per cent, or 9.01 points, to 1,980.32.
AFP
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Capital Markets & Currencies
Asia: Oil surges, equities sink as Iran blasts fan Middle East escalation fears
Tokyo: Nikkei index tumbles 3% in morning trade
Singapore shares open higher on Friday; STI up 0.2%
Stocks to watch: CICT, Seatrium, Keppel DC Reit, UOB
Europe: Industrials boost Stoxx 600 as earnings season rolls in
US: Stocks end mostly lower after volatile session