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Last updated at: (Beijing Time) Tuesday, February 17, 2004

HK shares end at fresh near-33-month high

Hong Kong's shares ended at a fresh near-33-month high Monday, with the blue-chip Hang Seng Index ended up 91.73 points or 0.67 percent at 13831.53.


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Hong Kong's shares ended at a fresh near-33-month high Monday, with the blue-chip Hang Seng Index ended up 91.73 points or 0.67 percent at 13831.53.

It traded the session in a range of 13712.60 and 13857.98, withtrading volumes reaching 21.2 billion HK dollars (2.72 billion US dollars), compared with 20 billion HK dollars (2.56 billion dollars) in the previous session.

All of the four major sub-indices gained their ground. Finance,Utilities, Properties and Commerce & Industry rose 0.37 percent, 0.61 percent, 0.01 percent and 1.20 percent respectively.

Among Hang Seng Index constituents, Esprit, which had a share placement last week, advanced 3.6 percent to 31.90 HK dollars (4.09 dollars). Analysts said investors continue to find the stock attractive after the company posted surprisingly strong first-halfresults.

Legend rose 1.4 percent to 3.75 HK dollars (0.48 dollar), with investors looking forward to word of new strategies from the company when it announces third-quarter results Wednesday.

Source:Xinhua




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