Saturday, April 19, 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:
Amazon hit by strikes in Germany (04-17 17:07)
Hang Seng, Shanghai rise (04-17 16:58)
Flat open for European markets (04-17 15:48)
Nikkei gives up early gains (04-17 15:43)
China eases with reserve cut for rural banks: report (04-17 15:42)
Hang Seng inches up at mid-day (04-17 12:13)
Sony's PlayStation 4 sales top 7 million (04-17 12:06)
Weibo IPO priced at lower end: report (04-17 11:34)
Nikkei down by break (04-17 11:16)
Exports boost Italy's trade surplus (04-16 18:42)

More breaking news >>

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