 |
|
  |
2009-6-26 10:03:00 a.m. HKT, XFNA
DJ MARKET TALK:HK Ppties Mostly Up Pre-Mkt;Home Loan Approvals Up
|
| |
| 0956 [Dow Jones] HK property stocks mostly higher at pre-open, extending recent gains, supported by sector strength, with interest rates expected to stay low medium-term and home sales growth expected to rise further, after HKMA reports new home loan approvals in HK +28.4% on-month in May. But upside in these shares likely capped, after Hang Seng Property Subindex +4.7% at 24,678 Thursday, or +7.5% so far this week. Within sector, Cheung Kong (0001.HK) +2.4% at HK$93.00 at pre-open, SHK Properties (0016.HK) +1.9% at HK$98.60, Sino Land (0083.HK) +1.4% at HK$13.46, while New World Development (0017.HK) flat at HK$14.38.(SUT) Contact us in Hong Kong. 852 2802 7002; MarketTalk@dowjones.com
(Delayed by 1 hour)
-0-
Copyright (c) 2009 Dow Jones & Company, Inc. |
| |
News Provided by XFNA |
| |
|
| Copyright(C) AASTOCKS.com Limited 2000. All rights reserved |
| |
|
|
|
