The Hong Kong stock market finished lower on Monday, 05 March 2018, extending last week's losses, as concerns about U. S. trade protectionism weighed down investors' sentiments. Meanwhile, prospect of a hung parliament in Italy also knocked investor sentiment down.
The Hang Seng Index fell 2.28%, or 697.06 points, to end at 29,886.39, while the China Enterprises Index lost 1.7% to 11,991.79. The sub-index of the Hang Seng tracking energy shares dipped 1.8% while the IT sector dipped 2.37%, the financial sector was 2.31% lower and property sector dipped 2.08%. Turnover decreased to HK$118.5 billion from HK$126 billion on Friday.
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