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China, Hong Kong Stocks Fall as Virus Fears Spread


Monday, 16 March 2020 15:47 WIB

SahamHongkong IndeksHangSengSahamChinaShanghai composite


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Chinese stocks tumbled Monday as investors sold out on fears about the global spread of the coronavirus and its potential impact on the world economy, analysts said.

The benchmark Shanghai Composite Index closed down 3.40 percent, or 98.18 points, at 2,789.25, while the Shenzhen Composite Index on China's second exchange fell 4.83 percent, or 86.96 points, to 1,712.02.

Hong Kong's Hang Seng Index finished down 4.03 percent, or 969.34 points, at 23,063.57.

The losses were in line with another plunge across Asia as emergency policy easing measures by central banks including the US Federal Reserve, the Bank of Japan, and the Reserve Bank of Australia failed to ease investors' worries.

Source : AFP


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