Don’t miss the latest developments in business and finance.

Hong Kong Stocks end lower

Image
Capital Market
Last Updated : Jun 13 2017 | 9:13 AM IST
The Hong Kong stock market finished session down on Monday, 12 June 2017, hit by a sell-off in technology giant Tencent following a slide in U.S. peers late last week. Sentiment was also hurt by worries that tighter credit in China could slow growth in the world's second-biggest economy. The Hang Seng Index dropped 1.2%, or 322.25 points, to 25,708.04, retreating for a second day after hitting a near two-year high on Thursday. The Hang Seng China Enterprises index fell 1%, or 106.32 points, to 10,485.85. Turnover decreased to HK$87.6 billion from HK$117 billion on Friday.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: Jun 12 2017 | 5:52 PM IST

Next Story