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A PASSERBY LOOKS AT PANEL DISPLAYING HANG SENG INDEX IN HONG KONG, 1998-08-31 (photo)

IMAGE number
REU8349299
Image title
A PASSERBY LOOKS AT PANEL DISPLAYING HANG SENG INDEX IN HONG KONG, 1998-08-31 (photo)
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Medium
photograph
Date
1998 AD (C20th AD)
Shooting Date
1998-08-31
Image description

A passerby looks at a panel displaying the closing Hang Seng Index August 31. Hong Kong stocks slumped to a sharply lower close on Monday as the government retreated after its huge buying campaign on Friday. The Hang Seng Index shed 554.70 points, or 7.08 percent, to finish at 7,275.04 after hitting a low of 7,233.81. Turnover shrank to HK$6.57 billion (US$848 million) against Friday's record of HK$79.0 billion (US$10.2 billion). BY/CC/JDP

Photo credit
REUTERS / Bridgeman Images
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