Hong Kong Stocks Dive, Energy Firms Hit by Oil Losses

Hong Kong stocks sank more than one percent on Tuesday, with energy firms among the worst hit as they tracked a sharp plunge in oil prices.

The Hang Seng Index slipped 1.25 percent, or 357.98 points, to 28,181.68.

The benchmark Shanghai Composite Index dropped 0.57 percent, or 15.91 points, to 2,798.13 and the Shenzhen Composite Index, which tracks stocks on China’s second exchange, lost 0.17 percent, or 2.76 points, to 1,600.08.

PT Bestprofit Futures – MARKET
Sumber : bpfnews.com

Hong Kong Stocks Dive, Energy Firms Hit by Oil Losses

Hong Kong stocks sank more than one percent on Tuesday, with energy firms among the worst hit as they tracked a sharp plunge in oil prices.

The Hang Seng Index slipped 1.25 percent, or 357.98 points, to 28,181.68.

The benchmark Shanghai Composite Index dropped 0.57 percent, or 15.91 points, to 2,798.13 and the Shenzhen Composite Index, which tracks stocks on China’s second exchange, lost 0.17 percent, or 2.76 points, to 1,600.08.

Source : AFP

PT Bestprofit Futures – MARKET
Sumber : bpfnews.com

Shanghai stocks extend declines, energy firms lead losses

China stocks ended lower on Tuesday, with the Shanghai benchmark index down for a third session, dented by energy firms following a sharp decline in crude oil prices.

The blue-chip CSI300 index closed 0.7 percent down at 3,449.38, while the Shanghai Composite Index ended 0.6 percent lower at 2,798.13 points.

An index tracking major energy firms closed down 2 percent.

Oil prices dropped for a second day on Tuesday as worries about possible disruptions to supply eased and as investors focused on potential damage to global growth from the festering Sino-U.S. trade spat.

Sentiment was also curbed by lingering worries over the U.S.- China trade war.

So far this year, the Shanghai stock index is down 15.4 percent, the CSI300 fell 14.4 percent, while China’s H-share index listed in Hong Kong is down 9.6 percent. Shanghai stocks have declined 1.71 percent this month.

Source: Reuters

PT Bestprofit Futures – MARKET
Sumber : bpfnews.com

1 2 3 132