Hong Kong Stocks down ahead of Fed decisions

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Capital Market
Last Updated : Apr 27 2016 | 9:13 AM IST
The Hong Kong stock market declined for second straight session on Tuesday, 26 April 2016, amid increased nervousness in the markets over the outcome of the key central banks' events due in the second half of this week, with the FOMC monetary policy decisions in the spotlight. The benchmark index opened up 75 points at 21,380, and reversed its uptrend in 30 minutes. In late afternoon, some blue chips saw buying orders. The Hang Seng Index ended up 102 points or 0.5% to 21,407. The H-share index rose 29 points or 0.3% to 9,016. Turnover increased to HK$62.8 billion from HK$55.9 billion on Monday.

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First Published: Apr 26 2016 | 5:04 PM IST

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