Wednesday, March 05, 2025 | 06:03 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Hong Kong Shares fall on Fed rate hike, trade war concerns

Image

Capital Market
The Hong Kong stock market finished session lower on Thursday, 22 March 2018, in tandem with the softer tone of the Dow overnight after the Fed raised interest rate by 25 basis points as market expected and on fresh global trade war fears after the US said Donald Trump would impose new sanctions on China over what it called intellectual property violations. The Hang Seng Index fell 1.09%, or 343.47 points, to end at 31,071.05. Turnover decreased slightly to HK$151.9 billion from HK$152.9 billion on Wednesday.

Powered by Capital Market - Live News

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

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Mar 22 2018 | 5:30 PM IST

Explore News