CHAIRMAN: DR. KHALID BIN THANI AL THANI
EDITOR-IN-CHIEF: DR. KHALID MUBARAK AL-SHAFI

Business / Stock Market

Hong Kong, Shanghai stocks close lower

Published: 12 Jun 2017 - 12:10 pm | Last Updated: 02 Nov 2021 - 07:08 am
File Photo: AFP.

File Photo: AFP.

AFP

Hong Kong: Hong Kong stocks sank on Monday, with technology firms tumbling in line with sharp losses for the sector in New York at the end of last week.

The Hang Seng Index slipped 1.24 percent, or 322.25 points, to 25,708.04.

The benchmark Shanghai Composite Index lost 0.59 percent, or 18.52 points, to end at 3,139.88. The Shenzhen Composite Index, which tracks stocks on China's second exchange, closed down 1.10 percent, or 20.41 points, at 1,836.76.