The Business Times

Hong Kong: Stocks end lower ahead of central bank policy decisions

Published Wed, Apr 27, 2016 · 08:23 AM

[HONG KONG] Hong Kong's benchmark stock index ended slightly lower on Wednesday, with market sentiment cautious ahead of US. and Japanese central bank policy decisions.

The Hang Seng index fell 0.2 per cent, to 21,361.60, while the China Enterprises Index gained 0.2 per cent, to 9,037.48 points.

Most sectors fell, with utility and IT stocks among the biggest decliners.

But energy shares gained as crude oil prices hovered near 2016 highs.

Shares of GOME Electrical Appliances Holding Ltd fell after the home appliance retailer issued profit-warnings.

REUTERS

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