Hang Seng Index finishes 0.55% higher at midday

Nov. 23, 2009 (China Knowledge) - Hong Kong stocks swelled 122.8 points or 0.55% to end the morning session at 22,578.64 points, with mainboard turnover standing at HK$27.23 billion.

The Hang Seng China Enterprise Index, which tracks the overall performance of 43 Chinese mainland state-owned enterprises on the Hong Kong Stock Exchange, swelled 128.1 points to 13,457.76 points.

Market heavyweight HSBC Holdings Plc<0005><HBC>, which accounts for the largest weighting for the Hang Seng Index, dipped 0.16% to HK$94.9.

JF Household Furnishings Ltd<0776> surged 22.73% to HK$2.7. The Hong Kong Building and Loan Agency<0145> declined 14.29% to HK$4.2.

Stocks of oil firms ended mixed in the morning session. CNOOC Ltd<0883><CEO> fell 1.27% to HK$12.4. China Oilfield Service Ltd<601808><2883> slid 1.32% to HK$8.99. Sinopec Shanghai Petrochemical Co Ltd<600688><0338><SHI> climbed 0.31% to HK$3.22. CNPC (Hong Kong) Ltd<0135> fell 1.57% to HK$8.8.

Sinopec<600028><0386><SNP>, the largest refiner in Asia by capacity, ended flat at HK$6.68. PetroChina<601857><0857><PTR>, the country's largest oil producer, dipped 0.3% to HK$9.93.