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Hong Kong Stocks gain for sixth day

Capital Market 

The finished session nearly two year high on Monday, 15 May 2017, as investor sentiment lifted by optimism that regulators will temporarily soften their clean-up of the financial industry and continuous inflows from mainland China. However, topside was capped on news of the weekend's North Korean missile test and a global cybersecurity attack.

Most sectors rose with financial and energy shares among the biggest gainers. The Hang Seng Index, the city's benchmark, rose for a fifth straight trading day, up 0.9% or 215.3 points to close Monday at 25,371.6, the highest level since July 24, 2015, while the Hang Seng China Enterprises Index of Chinese companies trading in the city, added 1.6%, or 167.7 points, to 10,450.4. Turnover increased to HK$81.3 billion from HK$75 billion on Friday.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, May 15 2017. 17:36 IST