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Print Print edition: 2018-04-21

Hong Kong stocks lower

Published April 21, 2018 Updated April 21, 2018 12:00am

Hong Kong stocks ended down on Friday, as energy shares slumped from a two-month high hit in the previous session, while technology stocks tracked the Asian tech sector lower. The Hang Seng index ended down 0.9 percent at 30,418.33, while the China Enterprises Index closed 1.5 percent down at 12,054.23 points.
The sub-index of the Hang Seng tracking energy shares closed 2.2 percent lower, while the IT sector fell 1.72 percent, the financial sector was 0.62 percent lower and property sector ended down 1.03 percent. The top gainer on Hang Seng was Want Want China Holdings Ltd up 3.38 percent, while the biggest loser was AAC Technologies Holdings Inc which was down 7.03 percent.
As of previous session, the Hang Seng index was up 2.64 percent this year, while China's H-share index was up 4.5 percent. As of previous close, the Hang Seng has risen 2.04 percent this month. The top gainers among H-shares were China Gas Holdings Ltd up 3.45 percent, followed by Guangdong Investment Ltd, which gained 1.63 percent and China Mobile Ltd up by 0.41 percent.
The three biggest H-shares percentage decliners were Air China Ltd which was down 3.93 percent, Anhui Conch Cement Co Ltd which fell 3.4 percent and Hengan International Group Company Ltd down by 3.3 percent. About 1.71 billion Hang Seng index shares were traded, roughly 92.1 percent of the market's 30-day moving average of 1.86 billion shares a day.

Copyright Reuters, 2018

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