Markets

Hong Kong stocks end down 0.81%

(Xinhua)
Updated: 2010-04-29 17:47

HONG KONG: Hong Kong stocks Thursday closed 170.48 points, or 0.81 percent, lower at 20,778.92, tracking declines in mainland markets.

The benchmark Hang Seng Index opened at 20,994.37 and fluctuated between 20,763.34 and 21,007.56 before closing the day's session.

Turnover totaled HK$63.33 billion compared with Wednesday's HK$63.68 billion.

The Hang Seng China Enterprises Index lost 106.27 points, or 0.89 percent, to close at 11,881.40.

All four sub-indices went down, with the utilities sub-index lost most, dropping 1.52 percent, followed by the commerce and industry, 1.10 percent, the finance, 0.59 percent, the properties, 0.41 percent.

Heavyweight HSBC, closed flat at HK$79.10. Its local unit Hang Seng Bank edged up 0.09 percent to HK$106.90. China Mobile lost 1.60 percent to HK$76.80.

Chinese mainland lenders lost. Bank of China down 0.50 percent to HK$3.99. China Construction Bank fell 0.96 percent to HK$6. 16. Bank of Communications down 0.56 percent to HK$8.87. ICBC ended down 1.05 percent to HK$5.66.

As for local developers, Cheung Kong, the flagship of Hong Kong's richest man Li Ka-shing, lost 0.51 percent to HK$96.90. SHK Properties, the leading residential housing developer in Hong Kong, dropped 0.73 percent to HK$109.20. Henderson Land fell 1.69 percent to HK$49.45.

PetroChina lost 0.78 percent to HK$8.92, offshore oil producer CNOOC down 0.44 percent to HK$13.44. Sinopec lost 1.59 percent at HK$6.17.