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Hong Kong market ends softer

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Capital Market
Hong Kong stock market ended down in volatile trade on Monday, 07 September 2015, amid lingering uncertainty over the timing of a widely expected interest rate increase by the U.S. Federal Reserve. Meanwhile, lingering concerns over the health of China's economy also rattled stocks. The Hang Seng Index (HSI) opened down 157 points but closed firmer by midday. It reversed the uptrend in afternoon session, and saw its losses widen towards market close. The Hang Seng Index ended down by 257.09 points, or 1.23%, at 20583.52 points. The Hang Seng China Enterprises Index, benchmark measure of performance of mainland China enterprises, sank 66.37 points, or 0.72%, to 9103.22 points. Turnover reduced slightly to HK$67.2 billion from HK$69.3 billion on Friday.

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First Published: Sep 07 2015 | 3:28 PM IST

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