HONG KONG, Oct 9, 2008 (AFP) - Hong Kong share prices ended Thursday morning up 2.7 percent, buoyed by interest rate cuts across the globe, but investors remained nervous about the state of the global economy, dealers said.

The benchmark Hang Seng Index ended the session up 409.69 points at 15,841.42, after tumbling 8.2 percent on Wednesday on worries over the stability of the global banking system.

However, turnover remained light at 33.05 billion Hong Kong dollars (4.23 billion US).

Central banks across the world, including in the United States and Britain, cut interest rates by 50 basis points overnight to try and calm the volatile markets.