Hong Kong Shares Close Down After Fed Meeting

Faizan Hashmi Published July 28, 2016 | 01:41 PM

Hong Kong shares close down after Fed meeting

HONG KONG, (UrduPoint / Pakistan Point News - 28th july,2016) - Hong Kong stocks finished lower Thursday, along with most other Asian markets, after the Federal Reserve left on the table the option of an interest rate cut before the end of the year. The Hang Seng Index slipped 0.20 percent, or 44.

65 points, to end at 22,174.34. The benchmark Shanghai Composite Index ended slightly higher after Wednesday's sharp losses, edging up 2.32 points to 2,994.32. But the Shenzhen Composite Index, which tracks stocks on China's second exchange, slipped 0.15 percent, or 2.99 points, to 1,951.00.

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