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HK stocks set to open up 1.57 pct; refiners rise

Mon Nov 9, 2009 8:59pm EST

Stocks

   
 HONG KONG, Nov 10 (Reuters) - Hong Kong shares are set to
open 1.57 percent higher, as a Wall Street rally and a pledge by
the Group of 20 to support the world economy boost investor
sentiment.
 China's refiners such as Sinopec Corp (0386.HK) and
PetroChina (0857.HK) rose after Beijing said it would lift
gasoline and diesel prices by around 7 percent from Tuesday,
taking pump prices to their highest ever. [ID:nPEK221762].
 Sinopec Corp, Asia's top refiner, climbed 2.4 percent to
HK$6.98, while PetroChina, China's No.2 refiner, gained 2.8
percent to HK$10.32.
 The benchmark Hang Seng Index .HSI was set to open up
349.01 points at 22,556.56.
 The China Enterprises Index .HSCE of top locally listed
mainland Chinese stocks was set to rise 1.95 percent to
13,578.22.
  (Reporting by Sui-Lee Wee, Editing by Jonathan Hopfner)

































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