Friday, April 25, 2014   

Hang Seng retreats, Shanghai advances
(12-03 16:11)

Stocks in Hong Kong closed 0.53 percent lower, following losses on Wall Street after upbeat US manufacturing data stoked speculation the US Federal Reserve will begin winding down its stimulus program soon.
The benchmark Hang Seng Index eased 128.08 points to 23,910.47 on turnover of HK$59.03 billion.
In Shanghai, shares closed up 0.69 percent thanks to bargain buying after losses on Monday and in the morning session fuelled by plans to lift a ban on initial public offerings.
The benchmark Shanghai Composite Index added 15.30 points to 2,222.67 on turnover of 100.8 billion yuan.—AFP

   
Other Business breaking news:
European equities rebound (04-24 19:13)
Spain cuts jobless rate to 25.73pc (04-24 18:15)
Bitcoin exchange MtGox to start liquidation process: lawyer (04-24 17:50)
Canon sees profit up on weak yen (04-24 17:36)
Draghi wants to publish ECB minutes (04-24 17:35)
Large Scania shareholder accepts Volkswagen bid (04-24 16:43)
German business confidence up in April (04-24 16:40)
Spain logs fastest growth in six years (04-24 16:39)
Hang Seng up, Shanghai down (04-24 16:37)
AstraZeneca drugs group says profits halved (04-24 16:08)

More breaking news >>

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