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Sunday, March 19, 2017

Weekly Wrap

Global stocks closed higher after the Fed's decision to raise interest rate for 2nd time within 3months time.

Hang Seng index gained the most with 3.1% higher this week, whereas the Straits Times Index gained 1.1%.On YTD basis, the STI and HSI both gained 10% and 10.5%, the most in my main indexes in below table. Bulls are obviously in charge. Refer to below weekly charts for major indexes.

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