Hong Kong shares end 0.42pc lower

HONG KONG, June 17 (AFP): Hong Kong shares fell 0.42 per cent on Tuesday as dealers tracked the developing crisis in Iraq while awaiting the outcome of a two-day Federal Reserve policy meeting.
The benchmark Hang Seng Index dipped 97.08 points to 23,203.59 on turnover of HK$49.11 billion (US$6.34 billion).
Global markets have seen edgy trade since militants began sweeping across Iraq, taking over key cities and heading for Baghdad.
On Monday they fought government forces for control of a strategic northern town, while US officials considered using drone strikes against the rebels.
The fighting has raised fears over supplies of oil from Iraq, a key exporter, sending prices rising to highs not seen since September.