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Saturday, February 11, 2017

Weekly Wrap

All three U.S major indexes hit new highs for this week, U.S stocks are in bull run without any doubts. Asian markets are also responded positively along with China's optimistic economic data announcements.

STI closed above 3100 level for the first time since it hit 3104.72 on Oct 30, 2015. The trend is bullish. HSI and SSE are on bullish tone as well, although looks lag a bit.

Index weekly performance and charts as in below.

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