Brexit Day! The voting started at 1400 KL/HK time zone yesterday and we'll get the result at 1400 later this afternoon. Whether Britain will leave the European Union or not, the market is definitely a volatile one! No matter is stock and futures market or the currency market. So, buckle your seatbelt and stay safe!
Hong Kong market had up for five consecutive days. At yesterday's closing, the futures market gained 152 points closing at 20895 while cash market closed at 20868.34, up 73.22 points or 0.35 percent. However, today is an extremely volatile day. Range of the day for June futures contract was traded between 20190-20999 (809). Immediate resistance for HSI is seen at 21157, next 21700. Supports- 20540, 20160.
As for Malaysia market, KLCI Index futures ended at 1643 while cash market finished at 1639.98 at yesterday's closing. Range of the futures for morning session is traded between 1623-1638 (15). Support for KLCI is seen at 1605; resistance- 1650.
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