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Swire a now declines 0.82% to see HK $91 on overweight

Source: Internet
Author: User
Keywords Hong Kong Dollar Cathay
Tags index market
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Swire A (00019-HK) is now down 0.82%, at HK $72.30, for a transaction of HK $90.57 million, which is currently losing a major market, with the index falling 0.12%. JPMorgan reiterated its overweight rating and raised its target price from HK $82 to HK $91, which said it was raising its earnings forecasts for 09 and 10 per share of 00293-HK by 35% and 7%, boosted by the expectations of Swire's Cathay Pacific Airways, and its core earnings could grow by 45% and 19%.

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