TC

12/02/2016 16:05

HSI ends down 226 pts at 18,319; turnover at HK$66bn

    HK stocks closed lower on Friday amid global market rout, with the benchmark index extending its losses in the afternoon.
  The Hang Seng Index ended down 226 points to 18,319. The H-share index also dropped 152 points to 7,505. Turnover reduced to HK$66 billion from HK$66.9 billion on Thursday.
  The southbound service of the "Shanghai-HK Connect" program is being suspended during 4-14 February.
  Market heavyweights were mixed. China Mobile (00941) nudged up 0.24% to HK$82.2, while HSBC (00005) dipped 2.83% to HK$48.1.
  Macau gaming stocks bucked the trend after data showed Macau's visitor arrivals rose 5.2% year-on-year during the Chinese New Year from 7 to 10 February. Sands China (01928) gained 2.06% to HK$24.75 while Wynn Macau (01128) rose 3.6% to HK$7.77. Galaxy Ent (00027) shot up 3.1% to HK$23.25, making itself the top blue-chip gainer.
  Oil majors pared early gains after newswire reported that some OPEC countries are trying to achieve a consensus among the group and key non-members for an oil production "freeze". CNOOC (00883) rose 0.4% to HK$7.48. PetroChina (00857) gained 0.67% to HK$4.5 while Sinopec (00386) put on 0.49% to HK$4.12. 

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