Hong Kong stock market saw sharp decline, especially in property and technology sectors.

From Nasdaq: 2024-12-15 20:18:49

The Hong Kong stock market saw a sharp decline on Friday, with the Hang Seng Index dropping 2.09 percent to close at 19,971.24. The market was hit hard across the board, especially in the property and technology sectors. Global markets are expected to see little movement ahead of the FOMC meeting later this week. Wall Street ended the week with mixed results, as the Dow fell 0.20 percent, the NASDAQ rose 0.12 percent, and the S&P 500 closed unchanged. Oil prices rose on Friday due to renewed supply concerns following sanctions on Iran and Russia.



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