Hong Kong share market closed slight higher after recouping losses on Wednesday, 28 January 2015, as telecommunications counters climbed. But the mood was cautious ahead of the Federal Reserve's policy decision. The benchmark index opened 7.30 points down as fall in U.S. stocks overnight kept investors cautious. The benchmark fell as much as 90.60 points at one stage, before recouping all lost ground in tandem with the reversal of Asian markets. The Hang Seng Index ended higher 54.53 points or 0.22% to 24861.81, off an intra-day high of 24983.89 and day low of 24716.68. Turnover reduced to HK$80.37 billion from HK$94 billion on Tuesday.
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