Hong Kong: Stocks close down on Yellen comments
[HONG KONG] Hong Kong stocks turned lower Monday after Federal Reserve boss Janet Yellen indicated US borrowing costs could rise by the end of the year.
The Hang Seng Index fell 0.38 per cent, or 88.20 points, to close at 22,821.34.
The benchmark Shanghai Composite Index was flat, edging down 0.28 points to 3,070.03. The Shenzhen Composite Index, which tracks stocks on China's second exchange, added 0.20 per cent, or 4.06 points, to end at 2,027.15.
AFP
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
South Korea readies new system to detect illegal short-selling
Asia: Markets mixed as global rally stalls, eyes on yen
Singapore shares retreat at Thursday’s open; STI down 1.1%
Stocks to watch: Keppel, FCT, Suntec Reit, OUE Reit, Clint, Digital Core Reit, OKP, Cordlife
Europe: Stoxx 600 falls on banks drag; tech contains losses on ASMI boost
US: Stocks end flat ahead of key inflation data