World shares mixed, Hong Kong index dives 5.4%
BANGKOK (AP) — World shares were mixed Monday while Hong Kong’s Hang Seng index plunged 5% after the neighboring city of Shenzhen was ordered into a shutdown to combat China’s worst COVID-19 outbreak in two years.
Benchmarks rose in Frankfurt, Paris and Tokyo and U.S. futures were higher. Oil prices retreated against the backdrop of uncertainty from the war in Ukraine.
Germany’s DAX advanced 1.8% to 13,879.27, while the CAC 40 in Paris picked up 0.6% to 6,293.04. Britain’s FTSE 100 was almost unchanged at 7,152.08.
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