• Most Popular
  • Most Shared

HK shares open up 0.6 pct on lower oil; Cathay soars

Sun Aug 10, 2008 9:57pm EDT

Stocks

   

HONG KONG, Aug 11 (Reuters) - Hong Kong shares will open 0.6 percent higher on Monday, with refiners and airline stocks gaining, as lower crude prices ease inflation worries and pressures on corporate earnings.

China

Hong Kong's leading airline, Cathay Pacific (0293.HK), is set to open 3.9 percent higher as the biggest percentage gainer on the main index.

The Hang Seng Index .HSI is set to open up 135.33 points at 22,020.54.

The China Enterprises Index .HSCE of top locally listed Chinese firms is set to open 0.6 percent higher.

(Reporting by Parvathy Ullatil; Editing by Dominic Whiting)

China


More from Reuters

Joint Terminal Attack Controller SSgt Clinton J. Herbison, a U.S. Airman from the 817 Expeditionary Air Support Operations Squadron (EASOS) takes a break during a night mission near Honaker Miracle camp at the Pesh valley of Kunar Province August 12, 2009. Credit: REUTERS/Carlos Barria

Pictures of the Year

A look at the best photos of 2009.  Slideshow 

    PICTURES
    The Dalai Lama jokes with a nasal spray after being asked his opinion on the swine flu during a press conference after his first lecture in Lausanne, Switzerland, August 4, 2009. REUTERS/ Valentin Flauraud

    What a wacky year it's been...

    Um, what's up the Dalai Lama's nose? "Oddly Enough" editor Bob Basler rounds up the goofiest photos of the year.  Full Article 

    Oddly Enough
    A caution sign is seen next to a stock board at the Australian Securities Exchange (ASX) in Sydney September 5, 2008. REUTERS/Daniel Munoz
    Political Risk in 2010:

    Don't say we didn't warn you

    With the financial crisis (mostly) in the past, U.S. investors are eying a fresh start to the coming year. Here's a look at what speedbumps lie ahead.  Full Article 

    Global Markets