Friday, 20 March 2015 14:39
HONG KONG: Hong Kong stocks ended 0.38 percent lower Friday as investors booked profits from a two-day rally, while Shanghai added almost one percent to a near seven year-high on hopes for fresh Chinese stimulus measures.
The benchmark Hang Seng Index lost 93.65 points to 24,375.24 on turnover of HK$ 116.12 billion ($ 14.98 billion).
In mainland China, the benchmark Shanghai Composite Index rose 0.98 percent, or 35.05 points, to 3,617.32 on turnover of 651.8 billion yuan ($ 106.0 billion).
The market has now risen more than nine percent in an eight-session winning streak and is now at its highest level since Mid-May 2008.
The Shenzhen Composite Index, which tracks stocks on China’s second exchange, rose 1.37 percent, or 25.08 points, to 1,852.94 on turnover of 494.7 billion yuan.
Copyright AFP (Agence France-Presse), 2015
