Shanghai, Hong Kong Stocks Plunge On Trade War Fears
Mohammad Ali (@ChaudhryMAli88) Published June 19, 2018 | 01:10 PM
Shanghai, (UrduPoint / Pakistan Point News - 19th Jun, 2018 ) :Shanghai and Hong Kong stocks plunged on Tuesday on investors' fears that the US and China could be heading for a full-blown trade war following tit-for-tat tariff threats.
The benchmark Shanghai Composite Index ended down 3.78 percent, or 114.08 points, at 2,907.82 while Hong Kong was 3.12 percent lower in late afternoon trade.
Recent Stories
PM chairs review meeting on stoppage of electricity theft
IPM survey proves biocontrol technology profitable for cotton farmers
Pandemic accord talks heading for extra time
Senate elections in KP hang on reserve seat oath-taking, states ECP
Pak, NZ T20I series online ticket booking from tomorrow
Pak-Türkiye strategize to boost bilateral trade to $5 billion
Chief Representative of CFFEX in Pakistan and PSX Director meet Finance Minister
SC conditionally allows army courts to announce reserved verdicts
12 suspects criminals arrests in search operation:SSP Larkana
Mayor Karachi chairs meeting of SSWMB
PMDC’s int’l recognition ‘historic milestone’ for Pakistan’s health in ..
Secretary HUD&PHE Asad Ullah Khan visits RDA
More Stories From Business
-
Pak-Türkiye strategize to boost bilateral trade to $5 billion
47 minutes ago -
Chief Representative of CFFEX in Pakistan and PSX Director meet Finance Minister
48 minutes ago -
Banks to open on March 30, 31 to facilitate tax collection
2 hours ago -
Stock markets rise before Easter break
2 hours ago -
NCA approves revised first quarter GDP estimates for 2023-24
2 hours ago -
26% increase on tobacco tax can reduce PKR 300bn in health cost
3 hours ago
-
Minister expresses anguish over alleged use of poor-quality material
4 hours ago -
Commerce Minister initiates push for E-commerce growth with in-house briefing
4 hours ago -
Pakistan's total liquid foreign reserves reach $ 13.42 billion
4 hours ago -
European stock markets head into Easter break with slight gains
3 hours ago -
Korean envoy promises all efforts to enhance direct trade with Faisalabad
5 hours ago -
Russian Ambassador congratulates Jam Kamal on assuming charge, discusses trade
6 hours ago