Hong Kong drops as banks, energy stocks decline
July 5th, 2009 | Author: admin
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HONG KONG (MarketWatch) — Hong Kong stocks were trading weaker early Monday, with financial stocks broadly lower while energy producers such as PetroChina Co. declined on a retreat in crude-oil prices. The benchmark Hang Seng Index fell 1.5% to 17,936.18 and the Hang Seng China Enterprises Index gave up 1.4% to 10,834.06. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move.
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Hong Kong drops as banks, energy stocks decline