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Hong Kong market ends at two-and-half month low

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Capital Market
The Hong Kong stock market finished lower after erasing intraday gain on Tuesday, 15 December 2015, following weakness in the regional bourses, amid concern over turbulence in the credit markets due to widely anticipated U.S. interest rate increase by the Federal Reserve. The benchmark Hang Seng Index declined 35.48 points, or 0.17%, to 21274.37 points, a lowest level since September 30, 2015, when the benchmark's closed at 20846.30 points. The Hang Seng China Enterprises Index, benchmark measure of performance of mainland China enterprises, rose 28.16 points, or 0.3%, to 9344.07 points. Turnover marginally decreased to HK$67.11 billion from HK$77.49 billion on Monday.

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First Published: Dec 15 2015 | 1:46 PM IST

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