Hong Kong stocks extend losses at open

The Hong Kong Observation Wheel. (PIC: iStock)
The Hong Kong Observation Wheel. (PIC: iStock)

Hong Kong - Hong Kong stocks suffered fresh losses in the first few minutes on Thursday as emerging market fears build and investors grow concerned the US will impose further sanctions on Chinese imports.

The Hang Seng Index shed 0.64%, or 174.64 points, to 27 069.21.

The benchmark Shanghai Composite Index gave up 0.25%, or 6.76 points, to 2 697.58, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, lost 0.38%, or 5.47 points, to 1 436.78.

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ZAR/USD
17.63
(-0.04)
ZAR/GBP
23.01
(-0.05)
ZAR/EUR
20.79
(-0.01)
ZAR/AUD
12.62
(-0.03)
ZAR/JPY
0.17
(-0.01)
Gold
2034.21
(+0.05)
Silver
28.28
(+0.09)
Platinum
961.50
(+0.38)
Brent Crude
44.55
(-1.53)
Palladium
2166.01
(+0.63)
All Share
56757.73
(-1.56)
Top 40
52435.65
(-1.72)
Financial 15
9897.96
(+0.10)
Industrial 25
74671.49
(-1.98)
Resource 10
58948.78
(-1.89)
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