Hong Kong shares close firmer on bargain-hunting after nervous trade |
|
|
|
Published
:
Tue, 13 Nov 2007 09:25
|
HONG KONG (Thomson Financial) - Hong Kong shares closed slightly higher Tuesday after the main index swung 1,058 points between the day's high and low on cautious bargain-hunting.Buying was limited due to the extended drop on Wall Street overnight and weakness in regional markets.Gains were led by property stocks, while China Mobile and other heavyweights posted losses.The Hang Seng Index closed 137.62 points or 0.5 percent higher at 27,803.35.In late afternoon trade, the index hit an intraday high of 28,010.97, while the day's low was at 26,952.94. The index lost 5.5 percent last week and 3.9 percent on Monday.Volume traded was 16.12 billion shares worth 154.72 billion Hong Kong dollars.Property stocks saw strong buying in late trade. The sub-index gained 838.90 points or 2.3 percent to 36,694.56.(1 US dollar = 7.80 Hong Kong dollars)parvathy.ullatil@thomson.com-pu/ntCOPYRIGHTCopyright Thomson Financial News Limited 2007. All rights reserved.The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.
|
|
|
|
|
|
|
| Stock
Quotes * |
|
NASDAQ
|
|
2792.28 |
22.57 (
0.81 %)
|
| SYMBOL (
2012-01-19 ) |
| LAST |
CHANGE
|
|
CARNIVAL
(
11:35am )
|
|
2017.00 |
46.00 (
2.42 %)
|
|
WHITBREAD
(
11:35am )
|
|
1662.99 |
33.99 (
2.09 %)
|
| SYMBOL (
2012-01-19 )
|
| LAST |
CHANGE
|
|
IBM
(
12:34pm ) |
|
181.50 |
0.43 (
0.24 %)
|
| SYMBOL (
2012-01-19 )
|
| LAST |
CHANGE
|
|
|
Print this Story
SKorean shares close lower on sharp falls in Hong Kong, China stocks 