HK shares to open flat but gold stocks soar
Published: 02 Sep 2009 18:04:15 PSTHONG KONG, Sept 3 - Hong Kong shares will open barely changed on Thursday with investors cautious on the U.S. economy after disappointing jobs data, but gold stocks are poised to take off following a rally in the price of the precious metal.
The benchmark Hang Seng Index was indicated to open 4.89 points higher at 19,526.89.
Gold miner Zijin Mining is set to open 6.6 percent higher at HK$6.76.
The China Enterprises Index, which represents top locally listed mainland Chinese stocks, was up 0.4 percent at 11,234.62 while the Shanghai Composite Index had risen 0.7 percent.
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Reuters
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