Hong Kong stocks
tracked regional markets lower on Monday, with risk appetites reduced by
a tumble in crude oil futures after exporters failed to reach agreement
on production cuts.
The Hang Seng index fell 0.7 percent, to 21,161.50, while the China Enterprises Index lost 1.3 percent, to 9,090.85 points.
Energy shares led main indexes lower, as oil prices fell sharply in response to disappointing results from the weekend meeting.
Some 18 oil exporting
nations gathered in Doha, Qatar, in an attempt to agree on stabilising
output at January levels until October 2016. The deal fell apart after
Saudi Arabia demanded that Iran join in.
Source : Reuters
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