Hong Kong, Shanghai: Stocks follow US and Europe lower
[HONG KONG] Stocks in Hong Kong and Shanghai tumbled in the first few minutes of trade on Friday, tracking a sell-off from Europe to New York, with energy firms hit by further losses in commodity prices.
In Hong Kong the benchmark Hang Seng Index fell 1.72 per cent, or 394.83 points, to 22,494.09.
Shanghai's benchmark composite index slid 0.88 per cent, or 32.14 points, to 3,600.76, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, dropped 1.19 per cent, or 26.97 points, to 2,232.52.
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
Euro at highest to yen since 2008, markets nervy over Tokyo stepping in
Singapore stocks track Wall Street gains on Tuesday; STI up 1.5%
UBS lifts Chinese stocks to overweight in rare upgrade call
Asia: Most markets rise with earnings, US data in view
Singapore banks lead market surge again on easing Middle East tensions; STI up 1%
Stocks to watch: Clar, Keppel Reit, ESR-Logos Reit, Nanofilm, LHN