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Hong Kong shares open higher after tame US wholesale inflation data


Published : Mon, 16 Apr 2007 03:26
By : Agencies
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HONG KONG (XFN-ASIA) - Share prices opened higher, tracking gains on Wall Street and in Tokyo after tame US wholesale inflation data, dealers said.

The US Labor Department announced on Friday that producer price index rose just 1 pct in March, smaller than than the 1.3 pct jump in February. Core PPI, which excludes volatile energy and food prices, was flat during the month.

The Hang Seng Index opened up 152.29 points or 0.75 pct 20,493.26.

jun.concepcion@xfn.com

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