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Hong Kong, Shanghai Shares End With With Deep Losses (Review)


Saturday, 29 February 2020 04:19 WIB

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Hong Kong and Shanghai stocks took another battering on Friday, in line with a global sell-off that has wiped trillions off market valuations as investors fret over the economic impact of the coronavirus.

The Hang Seng Index fell 2.42 percent, or 648.69 points, to end at 26,129.93 -- losing more than four percent since last Friday's close.

The benchmark Shanghai Composite Index lost 3.71 percent, or 111.02 points, to 2,880.30, while the Shenzhen Composite Index, which track stocks on China's second exchange, dropped 4.93 percent, or 93.39 points, to 1,801.75.

Both indexes plunged more than five percent over the week.

Source : AFP


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