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Hong Kong Market ends higher

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Capital Market
The Hong Kong stock market closed little changed in narrow trade on Thursday, 26 May 2016, helped by positive close on the Wall Street overnight and continued gains in oil prices. But gains were capped on caution before comments from Federal Reserve Chairwoman Janet Yellen for more indications about whether the central bank would raise rates in near term. The benchmark Hang Seng Index advanced 29.06 points, or 0.14%, to 20397.11 points. The Hang Seng China Enterprises Index, benchmark measure of performance of mainland China enterprises, fell 10.19 points, or 0.12%, to 8526.19. Turnover reduced to HK$46.4 billion from HK$62 billion on Wednesday.

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First Published: May 26 2016 | 6:28 PM IST

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