Hong Kong Market gains 0.26%

The Hong Kong stock market closed up in volatile trade on Monday, 22 August 2016, after the exchange operator's launched a circuit breaker aimed at preventing extreme volatility. But gains were limited as investors sat on the fence before U.S. Federal Reserve Chair Janet Yellen's speech at a symposium in Jackson Hole, Wyoming, on Friday. The benchmark Hang Seng Index rose 60.69 points, or 0.26%, to 22997.91 points. The Hang Seng China Enterprises Index, benchmark measure of performance of mainland China enterprises, dropped 3.52 points, or 0.04%, to 9602.65. Turnover decreased to HK$69.5 billion from HK$75.8 billion on Friday.

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