Hong Kong, Shanghai Stocks End Morning Lower
HONG KONG, (UrduPoint / Pakistan Point News -22nd Augst,2016) - Shares sank in Hong Kong Monday morning as upbeat comments on the US economy by the Federal Reserve's vice chairman fanned speculation the central bank could hike interest rates before the end of the year.
The Hang Seng Index fell 0.33 percent, or 76.26 points, to 22,860.96. The benchmark Shanghai Composite Index lost 0.63 percent, or 19.73 points, to 3,088.37 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, dropped 0.74 percent, or 15.21 points, to 2,029.49.
Recent Stories
I2U2 Group consisting of UAE, India, Israel, and US announces launch of website
58 minutes ago
Currency Rate In Pakistan - Dollar, Euro, Pound, Riyal Rates On 22 September 202 ..
2 hours ago
Today Gold Rate in Pakistan 22 September 2023
2 hours ago
Fujairah Crown Prince receives Minister of Culture and Youth
11 hours ago
Ahmed bin Mohammed approves DMI’s new strategy and corporate identity
12 hours ago
Liwa Date Festival & Auction launched under patronage of Hamdan bin Zayed
13 hours ago
UAE stocks generate strong cash flows Thursday as DFM hits 8-month high
13 hours ago
NYUAD researchers develop self-cleaning membranes boosting desalination efficien ..
15 hours ago
Museum of the Future to host ministers, officials, COP28 Committee during Climat ..
16 hours ago
ENEC discusses future collaboration with US businesses at US-UAE Business Counci ..
16 hours ago
L’Oréal-UNESCO For Women in Science ME Young Talents Programme honours 11 Ara ..
16 hours ago
Livestock health & sustainability strategic priority: Abu Dhabi Agriculture ..
16 hours ago
More Stories From Business
-
Currency Rate In Pakistan - Dollar, Euro, Pound, Riyal Rates On 22 September 2023
2 hours ago -
Today Gold Rate in Pakistan 22 September 2023
2 hours ago -
Currency Rate In Pakistan - Dollar, Euro, Pound, Riyal Rates On 21 September 2023
1 day ago -
Today Gold Rate in Pakistan 21 September 2023
1 day ago -
Commerce minister, fertilizer industry representatives discuss to resolve challenges faced by econom ..
1 day ago -
Commerce minister, fertilizer industry representatives discuss to resolve challenges faced by econom ..
1 day ago
-
Italy opens probe over Ryanair market dominance
1 day ago -
PML-N to contest elections with comprehensive economic plan: Ahsan Iqbal
1 day ago -
Commerce & Food Security ministers discuss crops related issues
1 day ago -
Finance ministry contradicts media report on external financing shortfall
2 days ago -
US Attorney General denies political influence on Trump, Biden prosecutions
2 days ago -
Stocks advance as Fed looms, UK inflation dips
2 days ago
