Hong Kong Stocks up 0.12%

The Hong Kong stock market ended higher after a volatile ride on Thursday, 28 April 2016, as the disappoint over Bank of Japan (BoJ) policy inaction offset the positive effect of US Federal Reserve's decision to put off an interest rate rise yet again. The benchmark index opened up 127 points and briefly rose as much as 292 points to three-month high of 21,654 after the FOMC kept interest rate steady. But index reversed gain and fell as much as 106 points after the BOJ caught the market unexpected by keeping its bond-buying scale unchanged. The benchmark Hang Seng Index rose 26.43 points, or 0.12%, to 21388.63 points. The Hang Seng China Enterprises Index, benchmark measure of performance of mainland China enterprises, grew 23.45 points, or 0.26%, to 9060.93 points. Turnover increased to HK$67.8 billion from HK$54.9 billion on Wednesday.

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