Hong Kong shares fall, in line with others, as oil prices drop

lunes 18 de abril de 2016 04:07 GYT
 

April 18 (Reuters) - Hong Kong stocks tracked regional markets lower on Monday, with risk appetites reduced by a tumble in crude oil futures after exporters failed to reach agreement on production cuts.

The Hang Seng index fell 0.7 percent, to 21,161.50, while the China Enterprises Index lost 1.3 percent, to 9,090.85 points.

Energy shares led main indexes lower, as oil prices fell sharply in response to disappointing results from the weekend meeting.

Some 18 oil exporting nations gathered in Doha, Qatar, in an attempt to agree on stabilising output at January levels until October 2016. The deal fell apart after Saudi Arabia demanded that Iran join in. (Reporting by Samuel Shen and Nathaniel Taplin; Editing by Richard Borsuk)