Hong Kong stocks follow global peers down
The Hang Seng Index fell 0.4 percent on Friday, while the China Enterprises Index lost 0.7 percent.
|||Hong Kong - Hong Kong stocks tracked global markets lower on Friday as energy shares pulled back after an oil price rally paused, but for the week main indexes enjoyed their best performance in 10 months with gains of more than 5 percent.
The Hang Seng Index fell 0.4 percent for the day, to 19,285.50, while the China Enterprises Index lost 0.7 percent, to 8,112.57 points.
For the week, Hang Seng gained 5.3 percent, while HSCE jumped 8 percent, making this week their best since the one ended April 10, 2015.
After the previous week's turmoil, risk appetite has improved on the back of a broad rally in global markets as oil prices bounced.
But traders fear the optimism could soon fade amid lingering economic uncertainty.
REUTERS