Money - International
Hong Kong shares end with steep losses
A pedestrian wearing a face mask, as a precautionary measure against the Covid-19 coronavirus, walks past an electronic stock market display showing movements of the Hang Seng Index in Hong Kong March 12, 2020. u00e2u20acu201d AFP pic

HONG KONG, March 12 — Hong Kong stocks took another beating today after Donald Trump’s decision to ban travel from Europe to the US reinforced worries about a global recession.

Hong Kong’s Hang Seng Index plunged 3.66 per cent, or 922.54 points, to close at 24,309.07.

The benchmark Shanghai Composite Index fell 1.52 per cent, or 45.03 points, to 2,923.49, while the Shenzhen Composite Index on China’s second exchange sank 2.20 per cent, or 40.84 points, to 1,818.56. — AFP

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