Unrest sparks fall in Hong Kong share prices

Monday, Sep 29, 2014 18:00

Photo brecorder.com

HA NOI (Biz Hub) — Asian markets ended mixed on Monday as the Hong Kong stock market lost about two per cent following a weekend of unrest over pro-democracy demonstrations, according to businesstimes.com.sg.

The Singapore-based newspaper said the stand-off, the worst since the handover of the former British colony to mainland China in 1997, saw anti-riot policemen firing tear gas into crowds of protesters numbering in the thousands on Sunday, leading to the closure of several businesses, banks and schools.

The unrest resulted in the Hang Seng Index losing 449.20 points to close at 23,229.21. In contrast, the Shanghai Composite Index in mainland China added 9.99 points to close at 2,357.71.

In Viet Nam, the VN index lost 5.20 points to close at 599.78, and the HNX edged up by 0.01 points to finish at 88.57.

In Japan, the Nikkei 225 added 80.78 points to finish at 16,310.64, and the Topix Index gained 5.35 points to end at 1,337.30. In Singapore, the Straits Times Index added 2.49 points to end at 3,289.7. - VNS

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