HK shares pare losses helped by bargain buying

Fri Nov 21, 2008 4:02am GMT
 
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HONG KONG, Nov 21 (Reuters) - Hong Kong shares pruned early losses to 0.9 percent by midday Friday, helped by bargain buying in select counters including Chinese banks following four straight days of losses.

At 0356 GMT the benchmark Hang Seng Index .HSI had cut losses to 111.18 points at 12,187.38 after opening nearly 4 percent lower.

The China Enterprises Index of top locally listed mainland Chinese firms .HSCE was down 0.5 percent at 6,144.97.

(Reporting by Parvathy Ullatil; Editing by Jonathan Hopfner)

 
Currency
US $ inGBP =0.6606
Euro inGBP =0.9000
¥en inGBP =0.0071

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