Hong Kong Stocks rise to one-month high

The Hong Kong stock market advanced to a one-month high on Thursday, 06 October 2016, helped by a firmer Wall Street overnight and strength in energy prices. But, gains were limited ahead of this week's nonfarm payrolls report that could reinforce expectations that the U.S. Federal Reserve will hike interest rates by December. The Hang Seng Index closed up 0.69% or 164.19 points to 23,952.50, the highest closing level since September 9, while the Hang Seng China Enterprises Index rose 1.39% or 135.92 points to 9,947.10. Turnover increased to HK$64.6 billion from HK$52.3 billion on Wednesday.

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