HK shares recover from 5-week low

HONG KONG, Dec 23 (Reuters): Hong Kong shares produced a tepid rebound on Monday from the previous session's lowest close in five weeks, as strength in Macau gambling, Chinese consumer and environmental stocks outweighed losses in the mainland banking sector.

The Hang Seng Index, which closed on Friday at its lowest since November 14, ended up 0.5 per cent at 22,921.6 points. The China Enterprises Index of the top offshore Chinese listings in Hong Kong rose 0.2 per cent.

Turnover totalled $5.7 billion, the lowest since Sept. 23 and about 28 per cent below its 20-day moving average.

Hong Kong will shut at noon on Tuesday for Christmas, and resume trading on Friday. Mainland China markets stay open throughout the week.
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