Equity soars on hopes that global economy is “U”-ing following strong economy data from US (consumer spending) and China (manufacturing sector)HK, China’s proxy, +860/+6%, at 6-mth high.
Export oriented mkts, TWI and STI also bullish, +6%.
China mkts up 3% at 9-mth high.
Our mkt, cash +1009.36/+19p/+2% at 7-mth high FKLI on premium stance as indicators still bullish. Upside objective for this round seen at 1040++. Therefore do adopt a bullish stance if mkt stays above 1000 in the coming days
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