hong kong stocks close 041 lower
Last Updated : GMT 06:49:16
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Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Hong Kong stocks close 0.41% lower

Arab Today, arab today

Arab Today, arab today Hong Kong stocks close 0.41% lower

Hong Kong - XINHUA

Hong Kong stocks closed down 0. 41 percent on Monday. The benchmark Hang Seng Index moved down 91 points to close at 22,132.53 points, after trading between a day high of 22,202.27 points and a day low of 22,096.95 points. Turnover shrank to 52.83 billion HK dollars (6.82 billion U.S. dollars) from last Friday's 57.72 billion HK dollars. The H-Share Index moved down 28.6 points, or 0.29 percent, to end at 9,770.1 points. Banking giant HSBC ended down 0.06 percent at 78.7 HK dollars. China Mobile, China's dominant mobile carrier ended up 1.3 percent at 69.95 HK dollars. For Mainland lenders listed in Hong Kong, ICBC, China's largest bank by market value, edged down 0.22 percent at 4.62 HK dollars; CCB, the country's second largest lender by market capitalization, ended up 0.19 percent at 5.32 HK dollars; BOC, one of the "big four", ended up 0.3 percent at 3.38 HK dollars. For local property developers, Sun Hung Kai, HK's largest property developer by market value, ended up 0.47 percent at 96.95 HK dollars; Cheung Kong properties, owned by billionaire Li Ka- shing, edged up 0.15 percent to close at 135.3 HK dollars. PetroChina, the country's largest oil and gas producer ended up 1.71 percent at 8.95 HK dollars. Sinopec, China's top refiner, ended down 0.43 percent at 6.9 HK dollars. China Life, one of the world's largest life insurers by market value, ended down 2.2 percent at 20 HK dollars (1 U.S. dollar equals to 7.75 HK dollar).

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