Hong Kong shares rise ahead of Yellen speech, but flat for week

viernes 26 de agosto de 2016 04:20 GYT
 

Aug 26 (Reuters) - Hong Kong stocks rose on Friday but were flat for the week, reflecting investor caution ahead of a speech by Federal Reserve Chair Janet Yellen.

Yellen will speak at the annual gathering of central bankers in Jackson Hole, Wyoming, later in the global day. Investors await clues on U.S. monetary policies.

The Hang Seng index rose 0.4 percent, to 22,909.54, while the China Enterprises Index gained 0.5 percent, to 9,550.04 points.

For the week, the market was roughly flat.

Most sectors in Hong Kong rose, led by energy and tech stocks (Reporting by the Shanghai Newsroom; Editing by Richard Borsuk)