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 Stocks
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02 Dec 04 15:52
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HK up 0.70%
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AFP
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share prices closed 0.70 percent higher led by telecom and aviation stocks with sentiment bolstered by a further drop in oil prices overnight and a firmer Wall Street, dealers said.
Continued strong fund inflows, reflected in the high turnover for the day, underpinned gains, with softer crude prices helping airline stocks outperform the broad market.
Telecoms, which have largely lagged the recent rally, posted solid gains.
The key Hang Seng Index closed up 98.99 points at 14,261.79, off a...
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