Sunday, April 7, 2013

Hong Kong shares down 2.7 pct to lowest close since Nov. 28

Hong Kong shares down 2.7 pct to lowest close since Nov. 28
Reuters (05/4) - Hong Kong shares finished a holiday-shortened week at their lowest close since Nov. 28, as fears of a bird flu outbreak sparked a broad selloff, and further falls looked possible after the benchmark index broke below a key technical support.

The Hang Seng Index ended down 2.7 percent at 21,726.9 on Friday. The China Enterprises Index of the leading Chinese listings in Hong Kong shed 3.1 percent. It, too, ended at its lowest point since Nov. 28. During the shortened week, the indexes slid 2.6 and 4.3 percent, respectively.

Markets in mainland China stayed shut for a public holiday and will resume trading on Monday. The Shanghai Composite Index and the CSI300 of the top Shanghai and Shenzhen A-share listings each fell 0.5 percent this week.

http://www.reuters.com/article/2013/04/05/markets-hongkong-stocks-close-idUSH9N0C300420130405

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