The Hong Kong stock market fluctuated throughout the day before closing slightly higher on Friday, 26 August 2016, despite the weaker close of the US equity markets overnight, as investors remained cautious ahead of a speech later this evening by Federal Reserve chair Janet Yellen on the outlook for US interest rates. Most sectors in Hong Kong rose, led by energy and tech stocks. The benchmark Hang Seng Index added 94.59 points, or 0.41%, to 22909.54 points. The Hang Seng China Enterprises Index, benchmark measure of performance of mainland China enterprises, rose 45.26 points, or 0.48%, to 9550.04. Turnover decreased to HK$54.8 billion from HK$68 billion on Thursday.
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