Hong Kong market surges after Fed minutes hint at patience on hike

Hong Kong stock market closed higher on Friday, 09 October 2015, as appetite for risk assets boosted up on tracking gain in the Wall Street overnight after minutes of the Federal Reserve's latest meeting further quelled expectations of an imminent U.S. interest rate hike. The Hang Seng Index advanced 103.89 points, or 0.46%, at 22458.80 points. The Hang Seng China Enterprises Index, benchmark measure of performance of mainland China enterprises, gained 119.38 points, or 1.16%, to 10406.79 points. Turnover was HK$93.5 billion, similar to HK$93.45 billion on Thursday.
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First Published: Oct 09 2015 | 2:55 PM IST
