Hong Kong: Lower on weaker leads
SHARES closed 0.82 per cent lower yesterday following losses on Wall Street. The benchmark Hang Seng Index fell 192.50 points to 23,179.04 on turnover of HK$57.75 billion.
"There hasn't been any major news today and the weaker leads from Europe and Wall Street have simply been replicated in Asian markets," said IG's chief market strategist Chris Weston.
Profit-takers took the opportunity to cash in after last week's rally fuelled by the US Federal Reserve's surprise decision to leave its stimulus programme unchanged. AFP