Search: Look for:   Last 1 Month   Last 6 Months   All time
Home :: World

Hong Kong stocks slide over three percent

Asia, Tue, 23 Dec 2008 IANS

Hong Kong, Dec 23 (Xinhua) Hong Kong's benchmark Hang Seng Index went down 461.71 points or 3.16 percent to 14,160.68 during Tuesday's morning session.

 

The benchmark Hang Seng Index opened 150.36 points lower or 1.03 percent down, at 14,472.03 Tuesday. However, Chinese shares are expected to get the support on central bank's cut on loan and deposit rates by 0.27 percentage points.

 

 

The rate cut by People's Bank of China was announced Monday and effective Tuesday. This was the fifth time the bank has cut rates since September in a move to buoy the economy.

 


LATEST IMAGES
Manohar Lal being presented with a memento
Manoj Tiwari BJP Relief meets the family members of late Ankit Sharma
Haryana CM Manohar Lal congratulate former Deputy PM Lal Krishna Advani on his 92nd birthday
King of Bhutan, the Bhutan Queen and Crown Prince meeting the PM Modi
PM Narendra Modi welcomes the King of Bhutan
Post comments:
Your Name (*) :
Your Email :
Your Phone :
Your Comment (*):
  Reload Image
 
 

Comments:


 

OTHER TOP STORIES


Excellent Hair Fall Treatment
Careers | Privacy Policy | Feedback | About Us | Contact Us | | Latest News
Copyright © 2015 NEWS TRACK India All rights reserved.