Hang Seng Index is world’s worst performer this week as political turmoil takes toll on economy

//Hang Seng Index is world’s worst performer this week as political turmoil takes toll on economy

Hang Seng Index is world’s worst performer this week as political turmoil takes toll on economy

Hong Kong stocks ended the week as the world’s worst-performing major equity market after concerns heightened that the political unrest has already taken a heavy toll on the city’s economy.The Hang Seng Index dropped 3.4 per cent for the week, delivering the steepest decline among the world’s major benchmarks. It slipped 0.1 per cent to 26,435.67 on Friday.The protests, which started in June because of Hongkongers’ opposition to the now shelved extradition bill, have already weighed on retail…

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By | 2019-09-20T10:24:05+00:00 September 20th, 2019|Business|Comments Off on Hang Seng Index is world’s worst performer this week as political turmoil takes toll on economy