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Hong Kong Stocks fall on uncertainties

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The closed down for third straight session on Wednesday, 19 April 2017, on tracking a sell-off across Asia, Europe and the US on geopolitical concerns and growing uncertainty about the France's presidential election. Sentiment was also hurt by a weakness in China's stock market, after Beijing's stepped-up property curbs and deleveraging campaign will slow China's economic growth. The city's benchmark Hang Seng Index slid 0.4%, or 98.7 points, to 23,825.88, a level unseen since March 15. The Hang Seng China Enterprises Index, which tracks the so-called H shares sold by Chinese companies, declined 0.6% to 9,983.7, the lowest level in more than two months. Turnover increased to HK$72.2 billion from HK$70.6 billion on Tuesday.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, April 19 2017. 17:02 IST
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