Hong Kong shares down for a third day

Note: This section contains information in English only.
Source: Dukascopy Bank SA
Hong Kong equities retreated for a third consecutive day as Chinese developers and lenders slumped. The Hang Seng Index tumbled 1.5% to close at 22,556.65. All sectors in the gauge declined with basic materials posting the biggest losses on Hang Seng. Li & Fung Ltd was the only company posting gains, as its shares jumped 0.2% to HK$10.96 to cap further losses in industrial shares that were 1.4% down. Sino Land slid 5.6% to HK$ 13.40 for the biggest decrease on the index, adding to losses in basic materials that erased as much as 2.3%. China Resources Land lost 4.01% to HK$ 20.35 on speculation the southern city of Shenzhen prohibited developers to increase the new home prices. Among the top losers was also Cosco Pacific after a sale of its subsidiary Cosco Logistics Co. was announced. The nation's biggest shipping company slid 4.7% on concerns the sale would undermine profits in the long run.


Back to articles

Actual Topics

Wed, 13 Mar 2013 15:55:41 GMT

U.S. retail sales rise more than expected in February

Consumer prices in the U.S. advanced notably above economists' predictions in the month of February partly due to a 1.1% jump of motor vehicle and parts dealers sales the same month, the Commerce Department reported on Wednesday. U.S. retail sales increased 1.1% in February following a 0.2% rise the month before, while it was forecast to gain only 0.5% in

Wed, 13 Mar 2013 15:13:54 GMT

Japanese shares decline as the market overheated

Japanese stocks extended their losses for a second straight day on concerns the market is too overheated after the Nikkei rising to its highest level in more than four years. The Nikkei 225 Index dropped 0.6% to 12,239.66 at its close. Most of the groups in the index declined with consumer services and utility shares falling the most by 1.5%

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.