Hong Kong equities retreated on caution ahead US elections

Note: This section contains information in English only.
Source: Dukascopy Bank SA
© Scanpix/Reuters
Hong Kong shares moved lower on Monday amid increased cautiousness among traders ahead of the US presidential elections due on Tuesday. Limiting the downswing, US non-farm employment rose more than expected in October while manufacturing contraction in the eurozone slowed last month. The Hang Seng Index shed 0.48% to close at 22,006.40. Only two sectors included in the index inched up. Utilities and basic materials were the only gainers, with Hong Kong and China Gas and Aluminum Corp of China adding 0.49% and 0.29%. At the same time, oil and gas coupled with technology sector were the weakest in the index. Shares of PetroChina and CNOOC dropped 1.26% and 0.37% while Tencent slumped 0.94%. Property developers also retreated. Cheung Kong Holdings, Sino Land and Hang Lung Properties dropped 0.17%, 0.15% and 1.26%, respectively.


Actual Topics

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.