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Today's Summary - 20100902
Moderate rebound on US rally: Index closed 20,868.920 (+245.09) Last night the US stock surged on better than expected PMI from US and China. DJIA closed at 10,269 (++255). The AP markets opened high this morning. This morning the Sep. futures opened at 20,709 (+235), bringing the cash market to open at 20,864 (+240). The market then hovered at the 20,900 level. The morning session finished at 20,886 (+262). Half day turnover was 36.9 bil HK$. The market retreated in the early afternoon again led by China Mobile. Nevertheless during the last 15 minutes the big hands again released the brake on China Mobile and HSI finished at 20,869 (+245). Total turnover of the day was 66.1 bil HK$. |
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Mark's Column
Bull Correction Dec 1, 2009.
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