Hong Kong stocks end sharply lower

Floor traders work during afternoon trading at the Hong Kong Stock Exchange November 6, 2013. — Reuters pic
Floor traders work during afternoon trading at the Hong Kong Stock Exchange November 6, 2013. — Reuters pic

HONG KONG, March 21 — Hong Kong stocks ended lower today, reversing early gains after Donald Trump warned tariffs on imports could stay in place for some time after any agreement is reached, fuelling concerns about ongoing trade talks.

The Hang Seng Index fell 0.85 per cent, or 249.41 points, to close at 29,071.56.

But the benchmark Shanghai Composite Index rose 0.35 per cent, or 10.82 points, to 3,101.46, while the Shenzhen Composite Index, which tracks stocks on ’s second exchange, added 0.77 per cent, or 12.92 points, to 1,697.49. — AFP

Source: The Malay Mail Online







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