Shares in Hong Kong Close Lower on Thursday

Shares in Hong Kong Close Lower on Thursday

The shares in Hong Kong take a light hit as US-China postpone  few of the tariffs and duties amidst trade wars as reported by Business Times.

Hong Kong stocks finished with minor declines on Thursday.This is because profit-taking from an ongoing rally counterbalance seeks after the US-Sino trade war after the different sides said they would postpone few of the tariffs and duties a month before the trade talks happen.

The Hang Seng Index declined 0.26 per cent, or 71.43 points, to 27,087.63.

The Shanghai Composite Index gained 0.75 per cent, or 22.43 points, to 3,031.24 and the Shenzhen Composite Index gained 0.58 per cent, or 9.69 points, to 1,681.23.

Written by

Sourabh Jain

Last updated on

September 13th 2019, 11:26 am

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