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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: StanX Long who wrote (59653)1/30/2002 2:21:53 AM
From: StanX Long  Read Replies (1) | Respond to of 70976
 
Wednesday January 30, 1:27 PM

Hang Seng falls more than two percent

sg.news.yahoo.com

HONG KONG (Reuters) - Hong Kong stocks ended the Wednesday morning session sharply lower, led by HSBC Holdings and China Mobile, after Wall Street slid on concerns about corporate accounting practices in the wake of the Enron scandal.

The benchmark Hang Seng Index of 33 blue chip stocks was down 2.39 percent, or 263.74 points, at 10,750.50 by the midday break, off an intraday low of 10,699.94.

Analysts said the index found good support at 10,700 and would likely trade between 10,700 and 11,000 in the near term.

Market turnover was modest at HK$4.8 billion (US$615 million), compared to the HK$5.1 billion on Tuesday morning, with losers swamping gainers by 318 to 94 and 351 stocks unchanged.



To: StanX Long who wrote (59653)1/30/2002 2:30:01 AM
From: advocatedevil  Read Replies (1) | Respond to of 70976
 
Stan, If it wouldn't be too much trouble, I'd like to suggest that you consider posting the news headline in the first line of your posts. I (and perhaps others here) often go back to re-read and review past articles. Being able to scan for the headline rather than the date would aid in finding information more quickly. I appreciate the time and effort you take to post relevant articles here. Thanks.

AdvocateDevil