The Hong Kong stock market closed higher on Monday as local officials suspended efforts to push for a controversial law, de-escalating mass protests, but trading was muted ahead of the US Federal Reserve meeting this week. At the close of trade, the Hang Seng index was up 0.4% at 27,227.16 points. The Hang Seng China Enterprises index ended nearly 0.1% higher.
The sub-index of the Hang Seng tracking energy shares ended up 0.7%, while the IT sector closed 0.3% lower, the financial sector ended 0.7% higher and property sector ended 0.3% higher.
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