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Thursday, March 14, 2013

Hong Kong shares headed for worst weekly loss in four

Posted by PT KONTAK PERKASA FUTURES BALIKPAPAN On 6:46 PM No comments
Hong Kong shares headed for worst weekly loss in four
Reuters, (15/3) -- Hong Kong shares could start modestly higher on Friday, tracking Wall Street gains that would help pare losses on the week, now the worst in four weeks for both local benchmark indexes.

China Coal Energy, China Resources Land, Longfor Properties, Midland Holdings and Anton Oilfield are among companies due to post final 2012 earnings later in the day.

On Thursday, the Hang Seng Index ended up 0.3 percent at 22,619.2 points. The China Enterprises Index of the leading Chinese listings in Hong Kong rose 0.6 percent. They are now down 2 and 3.3 percent on the week, respectively.

http://www.reuters.com/article/2013/03/15/markets-hongkong-stocks-preopen-idUSL3N0C61VS20130315

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