Hong Kong Stocks Close Week With Sharp Losses 14 December 2018

Umer Jamshaid Published December 14, 2018 | 04:00 PM

Hong Kong stocks close week with sharp losses 14 December 2018

Hong Kong shares tumbled Friday as fresh data pointed to further weakness in China's economy while investors also cashed in profits following a broadly positive week

Hong Kong, (UrduPoint / Pakistan Point News - 14th Dec, 2018 ) :Hong Kong shares tumbled Friday as fresh data pointed to further weakness in China's economy while investors also cashed in profits following a broadly positive week.

The Hang Seng Index dropped 1.

62 percent, or 429.56 points, to 26,094.79.

The benchmark Shanghai Composite Index sank 1.53 percent, or 40.31 points, to 2,593.74 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, fell 2.46 percent, or 33.50 points, to 1,327.42.

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