Thursday, January 3, 2013

Market Open: Hang Seng expected to remain flat





The Hang Seng index is seen to remain flat at its 19-month high levels on Thursday. This after surging more than 600 points to breach 23,000 for the first time since June 2011 on Wednesday - as investors lock in some profits for near-term gains.


Things to watch include China's non-manufacturing PMI for December, which is due to be released at 9am (HK time). This has risen for the previous two months. China's manufacturing PMI for December held at 50.6 in December - remaining positive for the third month.









via Business feed http://www.scmp.com/business/money/stock-talk/article/1118838/market-open-hang-seng-expected-remain-flat

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