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

Thu, 12 Jul 2012 12:14:58 GMT

China's foreign-exchange declines while money supply grows

The People's Bank of China reported today it extended CNY 919.8 billion home-currency loans. Money supply, M2, increased by 13.6%, though the central bank wants to achieve increase of 14% by the end of the year. However, foreign-exchange reserves, the largest in the world, dropped from USD 3.305 trillion in March to USD 3.24 trillion in June. Chinese economy's expansion slowed down from 8.1% in

Para conocer más sobre la plataforma de Trading de CFD y Forex de Dukascopy Bank, SWFX y otras informaciones relacionadas con el Trading,
llámenos o haga una solicitud de devolución de llamada.
Para obtener más información sobre la posible cooperación, por favor llámenos o haga una solicitud de devolución de llamada.
Para obtener más información sobre las opciones binarias de Dukascopy Bank / La plataforma de operaciones de Forex, SWFX y otra información relacionada con el Trading, por favor llámenos o solicite una devolución de llamada.
Para conocer más sobre la plataforma de Trading de CFD y Forex de Dukascopy Bank, SWFX y otras informaciones relacionadas con el Trading,
llámenos o haga una solicitud de devolución de llamada.
Para obtener más información acerca de la plataforma de operaciones Crypto Trading / CFD / Forex, SWFX y otra información relacionada con el comercio,
llámenos o realice una solicitud de devolución de llamada.
Para obtener más información sobre Business Introducer y otra información relacionada con el comercio,
llámenos o realice una solicitud de devolución de llamada.
Para obtener más información sobre la posible cooperación, por favor llámenos o haga una solicitud de devolución de llamada.