External rebound tone, regional +1%, EU +0.5% after a bad Tues. DJfuts +60. China strong 2Q GDP data, +9.5% provides a psychological support after digesting so many bad news on EU debts.
Fbm mostly cautious near 78-79 all day b4 closing near high, above 80, thanks to preclosing phase jump of 3p. Fkli, however, more +ve, staying just above 80 all day after a cautious start Late buying noted on strong DJfuts tone.
Rebound yes but yet to reverse recent downfall sentiment. Cautious till fbm regains 85. The fight continues, likely more sideways play for the week.
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