Friday, July 25, 2014   

Hang Seng slumps, Shanghai gains
(04-30 16:41)

Hong Kong shares sank 1.42 percent Wednesday as investors braced for the US Federal Reserve to announce a possible further cut in its multi-billion-dollar asset purchase scheme.
The benchmark Hang Seng Index ended down 319.92 points at 22,133.97 on turnover of HK$67.15 billion.
Chinese stocks closed up on the last trading day of the week before a public holiday, but gains were capped by tepid interest, dealers said.
The benchmark Shanghai Composite Index rose 0.30 percent, or 6.02 points, to 2,026.36 on turnover of 57.7 billion yuan. The index slid 0.50 percent for the week.
The Shenzhen Composite Index, which tracks stocks on China's second exchange, gained 0.76 percent, or 7.74 points, to 1,027.58 on turnover of 60.3 billion yuan. It fell 0.88 percent over the week. --AFP   
Other Business breaking news:
Hong Kong shares end at three-year high (07-24 17:20)
Asian shares mostly up on China manufacturing data (07-24 16:52)
Hong Kong shares end 0.71 percent higher (07-24 16:26)
LG profit soars in second quarter (07-24 15:17)
Nikkei reverses early gains (07-24 14:58)
Hang Seng up at mid-day (07-24 12:26)
Japan trade deficit expands further (07-24 11:38)
SKorea to launch US$40b stimulus package (07-24 11:18)
Nikkei up by break (07-24 11:09)
China factory activity jumps to 18-month high: survey (07-24 10:53)

More breaking news >>

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