Hang Seng dropped on China's growth worries

Note: This section contains information in English only.
Source: Dukascopy Bank SA

Hang Seng Index edged down 0.14% on Tuesday to close at 18,877.33 amid spreading Eurozone's crisis and potential slowdown in China's economy. Moreover, disappointing Apple earnings report added to the negative mood of China's equity market. China property developers faced losses after Nanjing housing bureau reported that recent news on price increases were a ‘misunderstanding'. Sino Land and China Resources Land moved lower by 1.74% and 0.94%. Meanwhile, oil and gas sector lost 0.76% on fall in crude oil price. CNOOC and PetroChina tumbled 0.27% and 1.16%. Financials were slightly higher, with Hang Seng Bank and Bank of China climbing 0.67% and 0.36%.

 

Back to articles

Actual Topics

Wed, 25 Jul 2012 16:31:35 GMT

UK stocks rise despite weak GDP data

FTSE 100 Index added 0.22% to trade at 5,508.30 at the time of writing. UK stocks found strong support after Ewald Nowotny, ECB policymaker, raised measures that may boost firepower of the bailout fund.  However, a 0.7% contraction in UK's GDP in Q2 limited rally of riskier assets. Financial and technology stocks drugged the index higher, with Royal Bank of

Wed, 25 Jul 2012 15:47:35 GMT

Japanese equities tumbled on dismal Apple results

Nikkei 225 Index attained seven-week low on Wednesday, posting a sharp decline of 1.44%. Japanese stocks were exposed to negative data from the Eurozone and dismal results of Apple in the last quarter. Toshiba plunged 7.3% to the lowest level in 40 months after Apple reported worse than expected results in Q2. Panasonic, being also Apple supplier, fell 5.5% to

Subscribe to "Fundamental Analysis" feed

Subscribe
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
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.
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
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.