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Hong Kong stocks end 0.16 percent lower


Agence France-Presse
First Posted 16:27:00 08/13/2010

Filed Under: Stock Activity, International (Foreign)Trade, Economy and Business and Finance

HONG KONG ? Hong Kong stocks fell for a fourth-straight session Friday, edging down 0.16 percent as traders were unable to shake off concerns over the global economy.

Hong Kong's benchmark Hang Seng Index dropped 34.14 points to 21,071.57. Turnover was 57.69 billion Hong Kong dollars (7.40 billion US).

Chinese shares closed up 1.21 percent amid growing signs that the world's third-largest economy is slowing, making further tightening policies unlikely, dealers said.

The Shanghai Composite Index, which covers both A and B shares, was up 31.23 points at 2,606.70 on turnover of 91.3 billion yuan (13.5 billion dollars).



Copyright 2011 Agence France-Presse. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.



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