AGL 40.00 Decreased By ▼ -0.16 (-0.4%)
AIRLINK 129.53 Decreased By ▼ -2.20 (-1.67%)
BOP 6.68 Decreased By ▼ -0.01 (-0.15%)
CNERGY 4.63 Increased By ▲ 0.16 (3.58%)
DCL 8.94 Increased By ▲ 0.12 (1.36%)
DFML 41.69 Increased By ▲ 1.08 (2.66%)
DGKC 83.77 Decreased By ▼ -0.31 (-0.37%)
FCCL 32.77 Increased By ▲ 0.43 (1.33%)
FFBL 75.47 Increased By ▲ 6.86 (10%)
FFL 11.47 Increased By ▲ 0.12 (1.06%)
HUBC 110.55 Decreased By ▼ -1.21 (-1.08%)
HUMNL 14.56 Increased By ▲ 0.25 (1.75%)
KEL 5.39 Increased By ▲ 0.17 (3.26%)
KOSM 8.40 Decreased By ▼ -0.58 (-6.46%)
MLCF 39.79 Increased By ▲ 0.36 (0.91%)
NBP 60.29 No Change ▼ 0.00 (0%)
OGDC 199.66 Increased By ▲ 4.72 (2.42%)
PAEL 26.65 Decreased By ▼ -0.04 (-0.15%)
PIBTL 7.66 Increased By ▲ 0.18 (2.41%)
PPL 157.92 Increased By ▲ 2.15 (1.38%)
PRL 26.73 Increased By ▲ 0.05 (0.19%)
PTC 18.46 Increased By ▲ 0.16 (0.87%)
SEARL 82.44 Decreased By ▼ -0.58 (-0.7%)
TELE 8.31 Increased By ▲ 0.08 (0.97%)
TOMCL 34.51 Decreased By ▼ -0.04 (-0.12%)
TPLP 9.06 Increased By ▲ 0.25 (2.84%)
TREET 17.47 Increased By ▲ 0.77 (4.61%)
TRG 61.32 Decreased By ▼ -1.13 (-1.81%)
UNITY 27.43 Decreased By ▼ -0.01 (-0.04%)
WTL 1.38 Increased By ▲ 0.10 (7.81%)
BR100 10,407 Increased By 220 (2.16%)
BR30 31,713 Increased By 377.1 (1.2%)
KSE100 97,328 Increased By 1781.9 (1.86%)
KSE30 30,192 Increased By 614.4 (2.08%)

Hong Kong shares ended lower on Tuesday as the Hang Seng index recorded its sixth consecutive day of loss, with concerns over slowing growth and the impact of an escalating Sino-US trade war weighing on investor sentiment.
At the close of trade, the Hang Seng index was 0.1 percent lower at 26,172.91 points, while the China Enterprises Index gained 0.3 percent to 10,420.62 points.
The top gainer on Hang Seng was China Shenhua Energy Co Ltd , up 2.21 percent, while the biggest loser was Geely Automobile Holdings Ltd, down 5.23 percent, after the Chinese carmaker posted slower growth in sales.
Shares in index heavyweight Tencent Holdings Ltd ended 1.7 percent lower amid a broader sell-off in technology shares.
Tencent weighed on the IT sector, which dipped 1.19 percent. The financial sector ended 0.13 percent lower and property sector rose 0.68 percent while the sub-index of the Hang Seng tracking energy shares rose 1.2 percent. Traders in Hong Kong said state-owned banks were seen as moving to prop up the offshore yuan, swapping US dollars for offshore yuan and driving up overnight borrowing costs 326 basis point to 5 percent, the highest level since late May.
As of the previous trading session, the Hang Seng index was down 12.42 percent this year while China's H-share index was down 11.2 percent. The Hang Seng had declined 5.71 percent this month as of its previous close.
The top gainers among H-shares were China Huarong Asset Management Co Ltd, up 5.15 percent, followed by Guangzhou Automobile Group Co Ltd, up 4.07 percent and China Galaxy Securities Co Ltd, up by 2.85 percent.
The three biggest H-shares percentage decliners were Hengan International Group Company Ltd, down 3.19 percent, China Vanke Co Ltd, down 2.1 percent and Tencent Holdings Ltd, down by 1.7 percent.
About 1.80 billion Hang Seng index shares were traded, roughly 102.6 percent of the market's 30-day moving average of 1.75 billion shares a day. The volume traded in the previous trading session was 2.37 billion. So far this week, the market capitalisation of the Hang Seng index has fallen by 1.35 percent to HK$17.10 trillion.
The short and one-factor leveraged Hang Seng index, which is designed to replicate the payoff of a short or leveraged portfolio and is linked to the movements of the Hang Seng Index, was higher by 0.12 percent on the day at 5,351.79 points.

Copyright Reuters, 2018

Comments

Comments are closed.