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HK shares open down 1.2 pct in broad sell-off

Fri Jul 3, 2009 7:27am IST
 
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HONG KONG, July 3 (Reuters) - Hong Kong shares opened 1.2 percent lower on Friday, dragged down by a disappointing jobs report from the United States, which beat down Wall Street stocks on Thursday and crushed oil and commodity prices.

The benchmark Hang Seng Index .HSI will start 216.87 points lower at 17,961.18 with not a single stock opening in the black.

The China Enterprises Index .HSCE, which represents top locally listed mainland Chinese stocks, will open down 1.7 percent at 10,786.91. (Reporting by Parvathy Ullatil; Editing by Chris Lewis)

Russian Finance Minister Alexey Kudrin poses with his G20 colleagues and central bank leaders during the family photo at the G20 Finance Ministers meeting at a hotel in St. Andrews, Scotland. REUTERS/POOL New
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