The Hang Seng index closed on a gain of 123.26 points at 11,759.39 after hitting a 1996 intra-day high at 11,788.41. Turnover was HK$5.82 billion compared to HK$4.54 billion on Thursday.

Futures-related buying has been positive. The bulls have had more say than the bears,

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First Published: Sep 28 1996 | 12:00 AM IST

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