Following US Dow Jones surged 348.58 at closing on Super Tuesday, Asia market all closed in positive territory, with Nikkei and Shanghai market closed more than 4 percent.
Hang Seng Index futures opened at 19645, 321 points gap up above yesterday's closing price. The market was so excited it continued climbing to highest at 19995 in the afternoon before it settled at 19890 (+566). Cash market was traded to highest 20058.12, finished at 20003.49, gained 596.03 points or 3.07 percent, with a turnover of 92.68 billion. Hang Seng Index broke all the resistance we expected; currently we see immediate resistance at 20000, next 20260; supports-19750, next 19400.
FBM KLCI Index surged 20.21 points closed at 1691.03. The March futures contract gained 16.50 points, finished at 1687.50. Today's range for spot month futures was trading between 1679.00-1689.50 (10.50). Resistance for KLCI futures-1700, next 1720.
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