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Tuesday, May 17, 2022

Hong Kong, Shanghai follow Wall St lower

Hong Kong, Shanghai follow Wall St lowerHong Kong: Hong Kong and Shanghai shares both fell in early trade Thursday, tracking losses on Wall Street amid fresh concern over Turkey’s currency crisis.

The Hang Seng Index slumped 0.80 percent, or 219.92 points, to 27,103.67.

The benchmark Shanghai Composite Index fell 1.17 percent, or 31.83 points, to 2,691.43, while the Shenzhen Composite Index, which tracks stocks on China’s second exchange, dropped 1.20 percent, or 17.83 points, to 1,463.99.

Copyright APP (Associated Press of Pakistan), 2018

Source: Brecorder

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