The Hong Kong stock market extended losses on Tuesday, 05 January 2016, as investors continue to weigh the fallout of China's stock market slump and concerns about escalating tensions in the Middle East. The local benchmark opened down 8 points and then staged an intra-day reversal, rising as much as 125 points to 21,452. In afternoon trade, it saw its losses widen to 231 points at one stage. The benchmark Hang Seng Index declined 138.40 points, or 0.65%, to 21188.72 points. The Hang Seng China Enterprises Index, benchmark measure of performance of mainland China enterprises, dropped 88.17 points, or 0.95%, to 9223.01 points. Turnover reduced slightly to HK$72.4 billion from HK$73.8 billion on Monday.
Powered by Capital Market - Live News
