Hong Kong stocks rises 0.62%

Hong Kong share market closed higher in volatile trade on Friday, 13 June 2014, registering first gain in three consecutive sessions. The gain was largely backed by better than expected China economic data, with energy stocks leading advances after oil prices surged amid violence in Iraq. The benchmark Hang Seng Index closed 0.62% higher from prior day closure at 23319.17. Turnover increased to HK$50.74 billion from yesterday's HK$48.43 billion. The benchmark index opened weaker on the overnight slide of the Dow, but gradually recovered its losses as the A-share market rallied.

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