Hong Kong Stocks Close Lower After Fed Rate Cut
Thursday, 1 August 2019 15:32 WIB |
MARKET UPDATE |HANG SENGSahamHongkongIndeks Shanghai Composite
Hong Kong shares closed lower Thursday, tracking Wall Street losses after the Fed cut rates but expressed a cautious view about future reductions.
The Hang Seng Index dropped 0.76 percent, or 212.05 points, to 27,565.70.
The benchmark Shanghai Composite Index lost 0.81 percent, or 23.74 points, to close at 2,908.77.
The Shenzhen Composite Index, which tracks stocks on China's second exchange, ended down 0.52 percent, or 8.24 points, at 1,563.06.
Source : AFP
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