Barefoot Investor: HK shares may trade within tight range; China eyed -26th Nov 2010

Hong Kong stocks may trade in a narrow range on Friday, ending a volatile week on a bearish mood, as investors remain wary about more measures from China to cool its accelerating inflation rate.

The Hang Seng Index .HSI edged up 0.13 percent on Thursday at 23,054.68, but turnover fell to a two-month low, as most investors preferred to stay on the sidelines. The HSI may trade at between 22,800 to 23,150 on Friday, Wong added. Global stock markets inched up on Thursday in thin volumes with the U.S. shut for the Thanksgiving holiday. [ID:nLDE6AO0QR] Elsewhere in Asia, Japan's

Nikkei .N225 rose 0.4 percent and South Korea's KOSPI .KS11 fell 0.2 percent as of 0058 GMT.(Source: Reuters)


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