Hong Kong shares close 0.38% lower | Inquirer Business

Hong Kong shares close 0.38% lower

/ 05:40 PM June 01, 2012

HONG KONG– Hong Kong shares closed 0.38 percent lower Friday following weak manufacturing data from China, worse-than-expected US jobs figures and amid concerns about the eurozone.

The benchmark Hang Seng Index shed 71.18 points to 18,558.34 on turnover of HK$54.58 billion ($7.04 billion).

Chinese shares ended flat. The benchmark Shanghai Composite Index, which covers both A and B shares, ended up 1.2 points, or 0.05 percent, to 2,373.44 on turnover of 72.5 billion yuan ($11.5 billion).

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TAGS: business and finance, China, Economic indicators, economy, Hang Seng Index, Shanghai Composite Index

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