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Hong Kong shares closed slightly higher on Friday but posted their biggest monthly drop since May as a bruising Sino-US trade war and the city's deepening political crisis knocked down the market. At the close of trade, the Hang Seng index was up 0.1% at 25,724.73, shedding 1.7% for the week. It fell 7.4% this month, its biggest fall since May.

The Hang Seng China Enterprises index rose 0.9% on Friday, declining 1.1% this week. It ended the month 5.5% lower. The sub-index of the Hang Seng tracking energy shares rose 3.1%, while the IT sector gained 0.1%, the financial sector ended 0.1% higher and the property sector lost 1.2%.

Copyright Reuters, 2019


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