Arab Today, arab today hong kong stocks close 052 lower
Last Updated : GMT 05:20:55
Arab Today, arab today
Arab Today, arab today

Hong Kong stocks close 0.52% lower

Arab Today, arab today

Arab Today, arab today Hong Kong stocks close 0.52% lower

Hong Kong - XINHUA

Hong Kong stocks went down 114. 13 points, or 0.52 percent, to close on Tuesday at 21,732.32 points. The benchmark Hang Seng Index traded between 21,858.11 and 21, 704.73. Turnover totaled 66.68 billion HK dollars (about 8.59 billion U.S. dollars The Hang Seng China Enterprises Index ended down 0.04 percent, to close at 9,690.86. Three sub-indices ended higher with the Properties closed up 0. 75 percent, the Finance ended up 0.03 percent. The Utilities closed up 0.23 percent. One sub-indice ended lower with the Commerce and Industry ended down 1.48 percent. The Banking giant HSBC, which accounts for the largest weighting of the Hang Seng Index, ended up 0.19 percent to 77.80 HK dollars. Bank of East Asia, one of the largest local banks in Hong Kong, ended flat with 29.65 HK dollars. China Mobile, China's dominant mobile carrier, ended up 0.60 percent to 67.60 HK dollars, while another Chinese telecom giant China Unicom ended down 0.41 percent to 9.71 HK dollars. Local bourse operator HKEX , moved down 0.52 percent to 116.00 HK dollars. For the local property stocks, Sun Hung Kai, HK's largest property developer by market value, ended up 0.93 percent to 92.50 HK dollars; Cheung Kong properties, owned by billionaire Li Ka- shing, rose 0.81 percent to 124.10 HK dollars. As for mainland-based financial stocks, China Construction Bank, the country's second largest bank which accounts for the third largest weighting of the Hang Seng Index, ended up 0.19 percent to 5.17 HK dollars. ICBC, the world's largest bank by market value, ended up 0.22 percent to 4.57 HK dollars. Bank of China ended up 0.63 percent to 3.22 HK dollars. As for energy stocks, China's top refiner Sinopec decreased 0. 15 percent to 6.86 HK dollars. PetroChina, the country's largest oil and gas producer, fell 0.84 percent to 8.22 HK dollars. (1 U.S. dollar equals 7.76 HK dollar)

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