Hong Kong Stocks Down At Lunch But Shanghai Rises


Hong Kong stocks down at lunch but Shanghai rises

HONG KONG, (UrduPoint / Pakistan Point News -23rd Augst,2016) - Hong Kong stocks ended the morning session in negative territory Tuesday, in line with losses in New York and Europe, while investors await a key speech by Federal Reserve boss Janet Yellen at the end of the week.

The Hang Seng Index fell 0.32 percent, or 73.41 points, to 22,924.50. But the benchmark Shanghai Composite Index rose 0.22 percent, or 6.69 points, to 3,091.50 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, gained 0.33 percent, or 6.66 points, to 2,025.32.