Asian Market Updates

Hong Kong Shares Expected To Open In The Red

The Hong Kong stock market has ended in the red in four consecutive trading days, tumbling more than 1,200 points or 4.6 percent along the way. The Hang Seng Index now rests just above the 26,570-point plateau and it's looking at another soft start again on Monday.

The global forecast for the Asian markets is negative on growing concerns about the outlook for interest rates. The European and U.S. markets were firmly lower and the already oversold Asian bourses are tipped to at least open in the red.

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by RTTNews Staff Writer

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