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* Hang Seng +0.5 PCT, H shares +0.2 PCT; China closed for holidays
* HSBC rallies to the benefits; local unit declares dividends
* Data on US jobs due; Wall St dragged by oil losses in the night
HONG KONG, May 3 (Reuters) – Hong Kong stocks ended higher on Friday, after earnings of heavily weighted HSBC Holdings Plc surpbaded expectations, easing confidence as markets in mainland China remained unchanged. closed during holidays. ** At the close of trading, the Hang Seng Index was up 0.5% at 30,081.55. The benchmark climbed 1.6% week after week. ** The Hang Seng China Enterprises index rose 0.2%. The index gained 0.6% this week. ** The Hang Seng Index sub-index that tracks the financial sector finished up 0.8%, the real estate sub-index rose 0.5%, while the sub-index the energy sector fell 0.7% and the information technology sector lost 0.3%. ** HSBC exceeded expectations with a 31% increase in first-quarter earnings, driven by higher revenue from its core Asia business and lower costs, offset by the Bank's poor performance. 39; investment. ** Hong Kong-listed shares rose 2.9%, their highest level in seven months, after results. The title was the second most traded market in the early afternoon. ** Shares of Hang Seng Bank Ltd, part of the HSBC Group, rose 2.6% to HK $ 209.80, their highest level since Oct. 10, after the lender declared an interim dividend higher. ** Chinese financial markets are closed for Labor Day. The exchanges will resume on Monday, May 6th. ** On the occasion of the rise of the new Emperor of Japan, the government announced an unprecedented ten-day leave from the end of April to the beginning of May. Japanese markets will be operational again on May 7th. ** On Wall Street, Dow and S & P gave up their initial gains and turned negative on Thursday when the energy sector weakened. ** Global investors expect US non-farm wages to be released in the US, expected later on Friday, likely to rise by 185,000 jobs last month, after a 196,000 increase in March, according to a poll by Reuters to economists. ** Techtronic Industries Co Ltd, up 4.3%, was the main winner of the Hang Sang Index, while CNOOC Ltd, which lost 1.6%, was the biggest loser. ** The main winners among H shares were China Railway Group Ltd, up 2.5%, followed by Shenzhou International Group Holdings Ltd and Conch Cement Co Ltd, which gained 2.3% and 1.9% respectively. %, respectively. ** About 1.26 billion shares of the Hang Seng index were traded. The volume traded at the previous trading session was $ 1.34 billion. (Noah Sin Report, edited by Rashmi Aich)
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