Hong Kong Stocks down on weak global cues
Capital Market The Hong Kong stock market closed session down for fourth straight session in cautious trade on Tuesday, 11 April 2017, amid geopolitical uncertainties of East Asia. The benchmark index opened up 18 points at 24,280. It then moved down, and hit an intra-day low of 24,007 (down 255 points) at one stage. But A-share market rally help support the local sentiment. The benchmark Hang Seng index dropped 0.7 per cent at the close, to 24,088.46, while the Hong Kong China Enterprises Index lost 0.9 per cent, to 10,165.98. Turnover increased to HK$76.8 billion from HK$65 billion on Monday.
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