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MarketScreener Homepage  >  Indexes  >  World  >  Hang Seng    HSX   HK0000004322

HANG SENG

(HSX)
Real-time Quote. Real-time World - 12/11 03:05:00 am
26628.78 PTS   +0.59%
04:22aEUROPE : European stocks slip as trade deadline looms
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04:22aAsian shares drift higher, pound eases on YouGov poll
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01:59aAsian shares drift higher, pound eases on YouGov poll
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Hong Kong stocks end lower as Trump's Latam tariffs rekindle trade gloom

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12/03/2019 | 04:07am EST
A panel displays the benchmark Hang Seng Index after the launch of Shenzhen Connect at the Hong Kong Exchanges in Hong Kong

Hong Kong stocks closed slightly lower on Tuesday, as U.S. President Donald Trump's surprise tariffs on imports from Brazil and Argentina rekindled fears of global trade tensions.

** The Hang Seng ended down 0.2% at 26,391.30, while the China Enterprises Index lost 0.1% to 10,355.92 points.

** In an early morning tweet, Trump said the tariffs, "effective immediately," were necessary because "Brazil and Argentina have been presiding over a massive devaluation of their currencies. which is not good for our farmers."

** The tariff threat also overshadowed encouraging data from euro zone economies and China.

** Trump added that U.S. legislation backing protesters in Hong Kong did not make trade negotiations with China easier, but added that he believes Beijing still wants a deal.

** Meanwhile, China banned U.S. military ships and aircraft from visiting Hong Kong and slapped sanctions on several U.S. non-government organisations for allegedly encouraging pro-democracy protesters in the city to commit violent acts.

** Following Trump's surprise tariff threat, there are worries that disputes between China and the United States would be hard to resolve given his emphasis on American interests, said Tian Weidong, an analyst with Kaiyuan Securities.

** Financial and construction shares ended lower, while raw material stocks advanced.

(Reporting by the Shanghai Newsroom, Editing by Sherry Jacob-Phillips)

Stocks mentioned in the article
ChangeLast1st jan.
EURO / ARGENTINE PESO (EUR/ARS) -0.07% 66.252 Delayed Quote.53.56%
EURO / BRAZILIAN REAL (EUR/BRL) 0.01% 4.5977 Delayed Quote.3.27%
HANG SENG 0.59% 26628.78 Real-time Quote.2.42%
US DOLLAR / ARGENTINE PESO (USD/ARS) 0.01% 59.739 Delayed Quote.59.25%
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