HONG KONG, Oct 5 (Reuters) - Hong Kong shares rose for a
fifth straight session on Friday to end the holiday-curtailed
week higher, helped by a recovery in oil-related stocks while
autos jumped after Germany's BMW reported strong sales in China
The Hang Seng index rose 0.5 percent to 21,012.4
bringing its weekly gain to 0.8 percent. The China Enterprises
index rose 1.2 percent, outperforming other Asian
Gains came on low volumes as caution ahead of U.S. payrolls
data, scheduled for 1230 GMT, and Chinese markets reopening on
Monday after a week-long holiday kept trading activity subdued.
* Chinese automobile stocks were among the day's top
performers with Brilliance China Automotive Holdings,
BMW's joint venture partner, up 5.9 percent. Baoxin
Auto, on which Goldman Sachs initiated coverage with a
"buy" on Thursday, rose 7 percent.
* China Oilfield Services rose 5.3 percent and was
the biggest gainer on the China Enterprises index after an
industry publication reported it had bought a second-hand rig to
increase capacity. Analysts at Nomura, who rate the stock a
"buy", upgraded their earnings forecasts for the company on
expectations of more purchases.
* Shares of Hong Kong's top mall operator, Wharf Holdings,
fell 1.5 percent while Swire Properties lost
1.3 percent after weak retail sales data pointed to lower
spending by Chinese tourists.
(Reporting by Vikram Subhedar; Editing by Anne Marie Roantree)