Hong Kong, Shanghai Stocks Tumble At Open 19 October 2018

Mohammad Ali (@ChaudhryMAli88) Published October 19, 2018 | 11:14 AM

Hong Kong, Shanghai stocks tumble at open 19 October 2018

Stocks in Hong Kong and Shanghai tumbled at the open on Friday, extending a global sell-off on concerns about higher US interest rates, while traders await the release of Chinese growth data.

Hong Kong, (UrduPoint / Pakistan Point News - 19th Oct, 2018 ) :Stocks in Hong Kong and Shanghai tumbled at the open on Friday, extending a global sell-off on concerns about higher US interest rates, while traders await the release of Chinese growth data.

The Hang Seng Index fell 1.11 percent, or 282.52 points, to 25,172.03.

And the benchmark Shanghai Composite Index shed 1.06 percent, or 26.34 points, to 2,460.08, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, sank 1.35 percent, or 16.68 points, to 1,215.33.

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