Hong Kong shares rose slightly on Friday as fears over a political crisis in Italy eased. The Hang Seng index rose 0.1 percent, to 30,492.91, while the China Enterprises Index gained 0.4 percent, to 12,020.09 points. Italy's anti-establishment parties revived coalition plans on Thursday, in an apparent end to three months of political turmoil.
The sub-index of the Hang Seng tracking energy shares rose 1.5 percent while the IT sector rose 0.76 percent, the financial sector was 0.14 percent lower and property sector rose 0.65 percent.
The top gainer on Hang Seng was CNOOC Ltd, up 3.79 percent, while the biggest loser was Sands China Ltd, which was down 4.15 percent.
Around the region, MSCI's Asia ex-Japan stock index was firmer by 0.22 percent, while Japan's Nikkei index closed down 0.14 percent.
As of the previous trading session, the Hang Seng index was up 1.84 percent this year, while China's H-share index was up 2.3 percent. As of the previous close, the Hang Seng has declined 1.1 percent this month. The top gainers among H-shares were Guangdong Investment Ltd up 4.99 percent, followed by CNOOC Ltd gaining 3.79 percent and China Gas Holdings Ltd up by 3.38 percent.
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