PCCW News
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SingTel
Feb 17,2000 - 13:04:04 HKT
The market rumoured that Pacific Century CyberWorks (1186) has
reached an agreement with Singapore Telecommunications to form
a new venture to acquire Cable & Wireless HKT (0008). The local
stock market was thus boosted and returned to the 17,000 level.
The HSI rallied 106 points to close the morning session at 17,149
on turnover of $15.1 billion.
HSBC (005) increased $1.25 to $93.75. Cable & Wireless HKT
(0008) rallied $1.03 to $26.00.
Pacific Century CyberWorks (1186) jumped $1.40 to $26.75.
Golden Power International (0603) remained unchanged at $17.25.
TraHK (2800) rose $0.05 to $17.05.
¡iQuamnet News¡j
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