HK stocks close down 1.9 pct; worst loss in 3 wks

Tue Oct 27, 2009 4:07am EDT
 
[-] Text [+]
 HONG KONG, Oct 27 (Reuters) - Hong Kong stocks closed down
1.86 percent on Tuesday, the biggest one-day loss for the main
index in more than three weeks, as local developers stumbled
after the central bank moved to curb a faster rise in property
prices.
 The benchmark Hang Seng Index fell 420.14 points to
22,169,59, retreating from a 14-month high on Friday. Hong Kong
financial markets were shut on Monday for a public holiday.
 The China Enterprises Index of top locally listed mainland
Chinese stocks was down 1.28 percent at 13,145.59.
 Among Hong Kong developers, Sino Land (0083.HK) fell 5.37
percent and Henderson Land (0012.HK) slid 4.34 percent.
 (Reporting by Jun Ebias; Editing by Ken Wills)




























 

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