You are here: Home » News-CM » International » Market Report
Business Standard

Hong Kong Hang Seng tanks 697points

Capital Market 

The 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 also knocked investor sentiment down.

The fell 2.28%, or 697.06 points, to end at 29,886.39, while the Index lost 1.7% to 11,991.79. The sub-index of the Hang Seng tracking 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.

Powered by Capital Market - Live News

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, March 05 2018. 17:25 IST
RECOMMENDED FOR YOU
RECOMMENDED FOR YOU