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HK shares fall on weak U.S. data, oil price
Thu, Jun 04, 2009
Reuters

HONG KONG, June 4 (Reuters) - Hong Kong stocks ended lower on Thursday as weaker-than-expected U.S. private jobs data triggered profit-taking after recent rallies, although signs of bargain-hunting began to emerge before trading closed.

Property and energy stocks were among the biggest decliners as traders cashed in recent gains, while a drop in global oil prices overnight added pressure on shares.

The benchmark Hang Seng Index closed down 0.4 percent or 73.7 points at 18,502.77.

The China Enterprises Index of top mainland companies fell 1.1 percent or 118.52 points at 10,706.68.

 

 
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