The Hong Kong Stock Exchange starts the week with widespread losses

The benchmark index of the Hong Kong Stock Exchange, Hang Seng , closed its first session of the week with losses of 1.37% after 45 of its 50 values ​​ended in the red.

The British ex-colony was recovering today after the demonstrations in favor of democratic reforms led to an attack by men armed with metal bars and bamboo canes, which left 45 injured in a subway stop in the city, although some analysts They rule out that it has had an effect on the Exchange.

All the sub-indices ended up in the mud: Services (-1.11%), Commerce and Industry (-1.22%), Finance (-1.45%) and Real Estate (-1.59%).

Among the big losers of the day, the casino firms Galaxy Entertainment (-2.61%) and Sands China (-2.07%).

In the technology sector, fell the main value by price of quote of the parquet, Tencent (-1.16%), and the state telecommunications China Unicom (-2.43%) and China Mobile (-1.91%).

Cnooc was saved, although without registering changes in its quotation, while the other two public oil companies registered losses: Petrochina (-1.17%) and Sinopec (-1.34%).

Full red in the financial sector, with outstanding declines of the insurer China Life (-1.93%) and the Communications Bank (-2.01%).

It would have been the same in real estate if not for CK Asset (+0.98%), one of the few winners of the day. The rest, to the hole: Sun Hung Kai (-2.58%) or Wharf Reic (-3.17%) took the worst part.

The turnover of the day was 67,750 million Hong Kong dollars (8,678 million dollars, 7,736 million euros).

Anthony Rankin

I am Anthony Rankin and I’m passionate about business and finance news with over 4 years in the industry starting as a writer working my way up into senior positions.

I am the driving force behind BPL and a professional daytrader. I will be providing technical analysis of various stocks on BPL.

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