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Hong Kong market ends 0.69% down

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Capital Market
Hong Kong share market closed lower on Friday, 06 June 2014, as risk aversion selloff, with financial and developer shares leading retreat. The benchmark index opened higher on tracking a record close on Wall Street overnight and the European Central Bank's aggressive monetary easing measures aimed at fending off deflation and boosting growth. But the market was heading south afterwards, on concerns about slowdown in the China's economic growth. The benchmark Hang Seng Index closed 0.69% down at 22951. Turnover increased to HK$56.4bn from HK$48.6bn on Thursday.

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First Published: Jun 06 2014 | 4:49 PM IST

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