Asian shares close lower as energy stocks take a hit [CNBC]
Comcast Corporation - Class A (CMCSA)
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Source: CNBC
Asian shares close lower as energy stocks take a hit Asian shares closed mostly lower on Tuesday — with Japan the only major market finishing in positive territory — as energy stocks declined amid weakness in oil prices. Hong Kong's Hang Seng Index fell 1.23 percent by 3:15 p.m. HK/SIN, with all its sectors in negative territory before the market close. Energy led the declines, with CNOOC dropping 3.23 percent and Petrochina losing 2.97 percent by 3:15 p.m. HK/SIN. Meanwhile, the Shanghai composite pulled back by 0.55 percent, or 15.42 points, to close at 2,798.62 after earlier falling as much as 39 points. The Shenzhen composite declined 0.17 percent to end at 1,600.08. The extended slide came a day after the release of China data, which showed economic growth slowed to 6.7 percent in the second quarter, compared to the 6.8 percent seen in the first three months of the year. Elsewhere, the Kospi closed lower by 0.18 percent at 2,297.92. South Korean auto stocks and retailers rose, b
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