Roundup: Hong Kong stocks close 0.18 pct higher

Hong Kong stocks moved up 43.99 points, or 0.18 percent, to close on Monday at 24,726.53 points.

The benchmark Hang Seng Index traded between 24,687.15 and 24, 771.60. Turnover totaled 51.28 billion HK dollars (about 6.61 billion U.S. dollars).

The Hang Seng China Enterprises Index ended up 12.01 points, or 0.10 percent, to close at 11,934.57.

Three sub-indices gained ground with the Properties ended up 0. 52 percent, the Finance moved up 0.04 percent, the Commerce and Industry ended up 0.28 percent. One sub-indice gained lost with the Utilities moved down 0.14 percent.

The Banking giant HSBC, which accounts for the largest weighting of the Hang Seng Index, edged down 0.07 percent to 71.70 HK dollars.

Bank of East Asia, one of the largest local banks in Hong Kong, ended down 0.16 percent to 31.80 HK dollars.

Local bourse operator HKEX moved up 0.23 percent to 176.70 HK dollars.

China Mobile, China's dominant mobile carrier, fell 0.47 percent to 106.70 HK dollars, while another Chinese telecom giant China Unicom moved up 0.92 percent to 13.22 HK dollars.

For the local property stocks, Sun Hung Kai, one of HK's largest property developer by market value, ended up 0.49 percent to 123.88 HK dollars, Cheung Kong properties, owned by billionaire Li Ka-shing, rose 1.07 percent to 151.50 HK dollars.

As for mainland-based financial stocks, China Construction Bank, the country's second largest bank which accounts for the third largest weighting of the Hang Seng Index, ended flat with 6.41 HK dollars.

ICBC, the world's largest bank by market value, moved up 0.18 percent with 5.66 HK dollars. Bank of China moved down 0.23 percent to 4.39 HK dollars.

As for energy stocks, China's top refiner Sinopec ended up 0.32 percent to 6.17 HK dollars. PetroChina, the country's largest oil and gas producer, ended up 1.05 percent to 8.68 HK dollars. (1 U.S. dollar equals 7.76 HK dollars) Endi