Hong Kong shares end morning sharply lower led by China stocks, properties |
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Wed, 10 Jan 2007 06:11
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HONG KONG (XFN-ASIA) - Share prices finished the morning session sharply lower, extending its correction this week on continued profit-taking in China stocks and property counters, dealers said.They said investors were cautious due to a lack of strong leads and following a lackluster performance on Wall Street overnight.The Hang Seng Index ended the morning down 366.12 points or 1.84 pct at 19,531.96, off a low of 19,507.97 and high of 19,693.70. The index has dropped nearly 680 points so far this week.Turnover was 37.6 bln hkd.The property sub-index was down 522.46 points or 2.14 pct at 23,927.50.(1 usd = 7.8 hkd)leonora.walet@xfn.comlw/rc
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Hong Kong shares lower in early trade in line with Wall St, Tokyo weakness 