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HK shares end lower but energy stocks buck trend

Tue Dec 30, 2008 1:40pm IST
 
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HONG KONG, Dec 30 (Reuters) - Hong Kong shares ended 0.4 percent lower, on their last full trading day of 2008, setting the tone for its worst yearly performance, but energy stocks bucked the trend to finish higher on heightened Middle Eastern tensions.

China Eastern Airlines slid as investors locked in profits on a recent rally in the stock after Beijing announced an enhanced aid package for the airline.

The Hang Seng Index .HSI unofficially closed 53.59 points lower at 14,274.89.

The China Enterprises Index of top locally listed mainland Chinese firms .HSCE was up 0.4 percent at 7,824.90.

(Reporting by Parvathy Ullatil; Editing by Jacqueline Wong)

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