Hong Kong stocks close 0.24 pct higher

Hong Kong stocks moved up 58.35 points, or 0.24 percent, to close on Tuesday at 24,784.88 points.

The benchmark Hang Seng Index traded between 24,653.88 and 24, 855.75. Turnover totaled 46.72 billion HK dollars (about 6.02 billion U.S. dollars

The Hang Seng China Enterprises Index ended up 63.94 points, or 0.54 percent, to close at 11,998.51.

Three sub-indices gained ground with the Utilities ended up 0. 75 percent, the Finance moved up 0.35 percent, the Commerce and Industry ended up 0.23 percent. One sub-indice gained lost with the Properties moved down 0.43 percent.

The Banking giant HSBC, which accounts for the largest weighting of the Hang Seng Index, edged up 0.49 percent to 72.05 HK dollars.

Bank of East Asia, one of the largest local banks in Hong Kong, ended up 0.31 percent to 31.90 HK dollars.

Local bourse operator HKEX moved up 0.34 percent to 177.30 HK dollars.

China Mobile, China's dominant mobile carrier, rose 0.47 percent to 107.20 HK dollars, while another Chinese telecom giant China Unicom moved down 1.82 percent to 12.98 HK dollars.

For the local property stocks, Sun Hung Kai, one of HK's largest property developer by market value, ended down 0.40 percent to 123.30 HK dollars; Cheung Kong properties, owned by billionaire Li Ka- shing, rose 0.20 percent to 151.80 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 up 0.47 percent to 6.44 HK dollars.

ICBC, the world's largest bank by market value, moved up 0.35 percent with 5.68 HK dollars. Bank of China moved up 0.23 percent to 4.40 HK dollars.

As for energy stocks, China's top refiner Sinopec ended up 0.97 percent to 6.23 HK dollars. PetroChina, the country's largest oil and gas producer, ended up 0.35 percent to 8.71 HK dollars. (1 U.S. dollar equals 7.76 HK dollars)