Mid Day Report
Asian market are trading within a tight range this morning due to profit taking and bargain hunting taking place concurrently. At present, SIMSCI (SG) and Hang Seng Futures are trading above opening price (OP). Taiwand and Nikkei Futures, although trading below OP, seems to be staging an recovery. HK must trade above 24230 for further upside. There is a high chance of Asian indices to trade higher though the upside will be kept by profit taking.
Pls practise money management. Normal Disclaimer applies.
CK
