Hong Kong market ends softer

Hong Kong stock market ended down in volatile trade yet quite trade on Friday, 04 September 2015, following losses in the global markets yesterday and further weakness in the Asian market today. Investors cut exposure to riskier assets on concern that China may reduce support for its stock market and on caution before U.S. payrolls data on Friday. The Hang Seng Index ended down by 94.33 points, or 0.45%, at 20840.61 points. The Hang Seng China Enterprises Index, benchmark measure of performance of mainland China enterprises, sank 131.73 points, or 1.42%, to 9169.59 points. Turnover reduced to HK$69.3 billion from HK$96.1 billion on Wednesday. Hong Kong markets were closed on Thursday, as China commemorates the 70th anniversary of the end of World War-II.

Powered by Capital Market - Live News