Market Roundup

Hong Kong stock market fell in the morning session following pressure from overseas stock markets. The HSI opened 681 points lower but recovered significantly, closing down 348 points or 1.4% at 25,408; the HSCEI fell 46 points or 0.5% to 8,581; and the HSTECH fell 5 points or 0.12% to 4,941. Total market turnover was HK$392.3bn. Oil stocks PetroChina (0857) and CNOOC (0883) rose 2.3% and 3.3% respectively. Energy transportation stocks COSCO Shipping Energy Transportation (1138) fell 8.5%. Airline stocks Cathay Pacific (0293) fell 5.1%, China Eastern Airlines (0670) and Air China (0753) fell 2.9% and 3.7% respectively.

Source: KGI Investment Products and Solutions Department

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