Hong Kong shares plunged as financials edged lower

Note: This section contains information in English only.
Source: Dukascopy Bank SA
Hong Kong shares faced the worst day in a month on Thursday, being weighted down by sharp fall in banking and consumer sectors. Hang Seng Index dropped by 2% to trade at 19,025.1. China's banks extended previous losses as worries over  exposure to bad loans added pressure on the Hang Seng Index. China Construction Bank and Industrial & Commercial Bank plunged 0.98% and 0.53%.  Bank of China and HSBC Holding also moved lower by 2.12% and 1.47%. Meanwhile, oil and gas sector tumbled 1.73% ; PetroChina declined by 2.25%. Property developers followed bearish trend, with Sino Land and China Resources Land sank 0.04% and 0.9%.

 

Back to articles

Actual Topics

Thu, 12 Jul 2012 15:29:03 GMT

FTSE 100 drops on weakness of commodity producers

UK stocks fell on the Fed decision not to implement additional easing measures at the moment.  Commodity-heavy UK index lost 1.31 % to trade at 5,590.30 at the time of writing. Mining companies led the decline, with Rio Tinto dropping after the company announced that its CEO, Guy Elliot, will retire next year. Other commodity producers also slumped.  BHP Billiton

Thu, 12 Jul 2012 15:13:59 GMT

Italy sells EUR 7.5 billion worth debt

European leaders' decision on lowering borrowing costs allowed Italy to sell EUR 7.5 billion of Treasury bills. The previous rate, on June 13 2012, for 361-day bill was 3.972% while now it is 2.697%. Italian ten-year government bond yield declined by 0.04% to 5.7% on Thursday, July 12, in Rome. On Friday Italian government is going to sell EUR 5.25 billion of long-term debt, which

Subscribe to "Fundamental Analysis" feed

订阅
欲了解更多有关杜高斯贝银行差价合约/外汇交易平台，SWFX和其它相关交易详情，
请致电我们或要求回电。
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
欲了解更多有关杜高斯贝银行差价合约/外汇交易平台，SWFX和其它相关交易详情，
请致电我们或要求回电。
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.