10-Jul-2008 9:17 AM
Stock Alert - Airlines, shippers, refiners surge in HK on lower oil prices
Analysis
Hong Kong (XFN-ASIA) - Airlines, shippers and refiners shares rose sharply in early trading after oil prices tumbled overnight. At 10.35 am, China Eastern Airlines was up 0.14 hkd or 6.33 pct at 2.35 and Air China gained 0.28 hkd or 7.88 pct at 3.97. China Southern Airlines rose 0.19 hkd or 6.57 pct at 3.08 as news of fuel charge hike gave it a boost.
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