Hang Seng Index ends lower as Europe outlook worsens

Note: This section contains information in English only.
Source: Marketwatch
© Scanpix/Reuters
On Thursday Hong Kong's Hang Seng Index lost 0.7% or 132.77 points and closed at 19,107.81, as investors were concerned about the outcome of upcoming summit, ECB decisions on interest rate as well as German government's refusal to operate two bailouts simultaneously. Shares of companies that are highly exposed to Chinese markets provided most negative contribution. Tsingtao Brewery Co. fell 3.2%, Gome Electrical Appliances Holding Ltd. declined 2% while Geely Automobile Holdings Ltd. traded down 1.6%.

 

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Thu, 08 Dec 2011 15:18:39 GMT

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